Analysis
LPWAN market revenue to cross $350 billion by 2032
As per a recent industry report put forward by Global Market Insights, the Low Power Wide Area Network (LPWAN) market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding revenue of $350 billion by 2032 with a projected CAGR of 50% over 2023-2032.
NAC market growing at a CAGR of 27.5% 2022-2032
According to the network access control (NAC) market analysis by Future Market Insights (FMI), the adoption of network access control technology and solutions is estimated to grow with a CAGR of 27.5% from 2022-2032.
Factory robots market is expand at a CAGR of 7.6%
The market for factory robots is anticipated to reach $12.3 billion in 2023 and expand at a strong 7.6% CAGR from 2023 to 2033.
Military modernisation to drive demand for electro-optical systems
The global electro-optical systems market size is set to reach $18 billion, expanding at 4.1% CAGR from 2022 to 2032, as per industry analysis by Fact.MR, a market research and competitive intelligence provider.
On the high seas: How drones can make oil rig work a safer occupation
Deploying drones in the oil and gas industry brings out huge savings and improved worker conditions, which in turn can drive growth and innovation, writes Dr. Shaun Passley, Founder of Zenadrone.
Hydrogen combustion engine market increases by 10%
The global hydrogen combustion engine market is projected to have a high-paced CAGR of 9.78% during the forecast period.
White Paper on the challenges and solutions of optical sensors
In many manufacturing applications object detection commonly deploys optical sensors because when compared to other types of sensors, they provide the important benefits of precise, non-contact detection at very short response times across both long and short distances.
EU accounts for significant chunk of EV sales demand
The total value of EV MRO market share in the year 2022 is figured at around $513.9 million.
Recloser controls market is projected to hit $3.6bn by 2033
The global recloser controls market is expected to garner $3.6 billion by 2033, exhibiting a CAGR of 5.3% from 2023 to 2033.
Automotive electronics market increased growth during 2019-2029
Fact.MR, a market research and competitive intelligence provider, the global automotive electronics market size will more than double between 2019 and 2029. The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029.