Utilities, industries and infrastructure operators are transforming traditional grids to support electrification, distributed energy resources and increasingly digital operations a major transformation for the elect ....see more
The encoder market is expected to grow from USD 2.7 billion in 2023 to USD 4.5 billion by 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period.The key players Sensata Technologies (US), HEIDENHAIN (Germany), Fortive (Dynapar) (US), Renishaw plc (UK), Mitutoyo Corporation (Japan), FRABA B.V. (Netherlands), ifm electronic (Germany), Pepperl+Fuchs (Germany), and Maxon (Switzerland). Pilz GmbH (Germany), Tamagawa Seiki Co., Ltd (Japan), Faulhaber Group (Germany), Baumer (Switzerland), Koyo Electronics Industries Co., Ltd (Japan), Schneider Electric (France), Omron Corporation (Japan), Rockwell Automation (Wisconsin)
The global telecom power system market is expected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028, at a compound annual growth rate (CAGR) of 9.4% during the forecast period.The key players Eaton (US), Huawei Technologies (China), Cummins (US), ZTE Corporation (China), General Electric (US), Delta Electronics, Inc. (Taiwan), and Schneider Electric (France).
The parcel sortation system market is expected to grow from USD 2.0 billion in 2023 to USD 2.8 billion by 2028, at a compound annual growth rate (CAGR) of 7.0 % during the forecast period.The key players Vanderlande (Netherlands), Beumer Group (Germany), Honeywell International (US), and Bastian Solutions (US), Fives (France).
The global water-based heating & cooling systems market is expected to grow from USD 37.7 billion in 2023 to USD 55.2 billion by 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period.The Key Players ignificant Tier I and II players like Daikin (Japan), Johnson Controls (US), Carrier Global Corporation (US), Trane Technologies (US), Fujitsu (Japan), and others.
The Far-Field Speech and Voice Recognition Market is expected to grow from USD 3.7 billion in 2023 to USD 6.9 billion by 2028, at a compound annual growth rate (CAGR) of 13.1% during the forecast period.The Major Players Amazon (US), Google (US), Apple Inc. (US), and Microsoft Corporation (US).
The global 5G device testing market is expected to grow from USD 1.2 billion in 2023 to USD 1.7 billion by 2028, at a compound annual growth rate (CAGR) of 7.0%. during the forecast period.The Major players Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), TEKTRONIX, INC. (US), Teradyne, Inc. (US), VIAVI Solutions Inc. (US), Artiza Networks, Inc. (US), EMITE (Spain), and EXFO (Canada) among others.
The global utility markers market size is expected to grow from USD 341 million in 2023 to USD 471 million by 2028, at a compound annual growth rate (CAGR) of 6.7% during the forecast period.The key players 3M Company (US), Tempo Communications, Inc. (US), Komplex (Slovakia Hexatronic Group AB (Sweden), Radiodetection Ltd. (UK), Rycom Instruments, Inc. (US), Seton (US), Berntsen International, Inc. (US), and Trident Solutions (US).
The surface mount technology (SMT) market is expected to grow from USD 5.8 billion in 2023 to USD 8.4 billion by 2028, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The key players Fuji Corporation (Japan), Mycronic AB (Sweden), Nordson Corporation (US), Viscom AG (Germany), KLA Corporation (US), Juki Corporation (Japan), Hitachi High-Technologies Corporation (Japan), ASM Assembly Systems (Germany), Yamaha Motor (Japan), and Saki Corporation (Japan).
The IO-Link market is expected to grow from USD 13.6 billion in 2023 to USD 33.9 billion by 2028, at a compound annual growth rate (CAGR) of 20.0% during the forecast period.The Key Players Siemens AG (Germany), Rockwell Automation, Inc. (US); OMRON Corporation (Japan); Hans Turck GmbH & Co. KG (Germany); Balluff GmbH (Germany); ifm electronic GmbH (Germany); Pepperl+Fuchs (Germany); SICK AG (Germany); Festo SE & Co. KG (Germany); SMC Corporation (Japan).
The data converter market size is expected to grow from USD 5.5 Billion in 2023 to USD 7.4 Billion by 2028, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.The key players Texas Instruments (US), Analog Devices (US), Skyworks Solutions, Inc. (US), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), Qorvo, Inc. (US), NXP Semiconductor (Netherlands), ON Semiconductor (US), Microchip Technology (US), Renesas Electronics Corporation (Japan).
The global thin client market size is expected to reach USD 1.7 billion by 2028 from an estimated USD 1.5 billion in 2023, growing at a CAGR of 3.1% during the forecast period from 2023 to 2028. The major players in the thin client market are HP (US), Dell Technologies (US), Centerm (China), IGEL (Germany), and Fujitsu (Japan), among others. The other companies profiled in the report are NComputing (US), Samsung (South Korea), LG Electronics (South Korea), Advantech Co., Ltd. (Taiwan), Lenovo (Hong Kong), Acer (Taiwan), Intel (US), 10ZiG (US), Siemens (Germany), Chip PC (Israel), Clearcube Technology (UK), VXL Technology (UK), Stratodesk Corp (US), OnLogic (US), Clientron Corp. (Taiwan), Arista Corporation (US), Thinvent (India), Seal Technologies (India), Atrust (Taiwan) and, Praim (Italy).
The global surface inspection market is expected to grow from USD 4.0 billion in 2023 to USD 5.9 billion by 2028, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The Key players ISRA VISION (Germany), Cognex (US), OMRON (Japan), Teledyne Technologies (US), and Keyence (Japan).
The industrial ethernet market is expected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period.The Key Players Cisco (US), Siemens (Germany), Rockwell Automation (US), OMRON (Japan), Moxa (Taiwan), Belden( US), Huawei Technologies (China), SICK (Germany), Schneider Electric (France), and ABB (Switzerland), GE Grid Solutions (France), Advantech (Taiwan), HMS Networks (Sweden), IFM Electronics (Germany), Weidmuller (Germany), Patton (US), Beckhoff Automation (Germany), Honeywell (US), AAEON (Taiwan), Turck (Germany), Bosch Rexroth (Germany), Hitachi (Japan), Ericsson (Sweden), Mitsubishi Electric (Japan) and Chaos Prime (US).
The global thermal management market is expected to grow from USD 10.7 billion in 2022 to USD 19.3 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The Key Players Henkel (Germany), Honeywell International Inc. (US), Vertiv Co (US), Delta Electronics, Inc. (Taiwan), Parker Chomerics (US), TAT Technologies Ltd. (Israel), Autoneum Holding AG (Switzerland), Boyd (US), European Thermodynamics Ltd. (UK), and Laird Thermal Systems (US).
The global focused ion beam market is expected to grow from USD 1.3 billion in 2023 to USD 1.8 billion by 2028, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The Key Players Thermo Fisher Scientific Inc. (US); ZEISS International (Germany); Hitachi, Ltd. (Japan); JEOL Ltd. (Japan); TESCAN ORSAY HOLDING, a.s. (Czech Republic); Eurofins Scientific (Luxembourg); A&D Company, Limited (Japan); Veeco Instruments Inc. (US); Raith GmbH (Germany); and FOCUS GmbH (Germany).
The global hardware encryption market is expected to grow from USD 271 million in 2021 to USD 357 million by 2027, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The Key Players Western Digital Technologies, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Micron Technology, Inc. (US), Kingston Technology Corporation (US), Seagate Technology Holdings PLC (US), NetApp, Inc. (US), KIOXIA Holdings Corporation (Japan), Kanguru Solutions (US), Intel Corporation (US), WinMagic Inc. (Canada), Maxim Integrated Products, Inc. (US), Thales e-Security, Inc. (US), McAfee, LLC (US), Broadcom Inc. (US).
The iris recognition market is expected to grow from USD 3.7 billion in 2022 to USD 8.4 billion by 2027, at a compound annual growth rate (CAGR) of 15.4% during the forecast period.The Key Players Thales (France), IDEMIA (France), HID Global Corporation (US), Iris ID, Inc. (US), IriTech, Inc. (US), IrisGuard Ltd. (UK), EyeLock LLC (US), NEC Corporation (Japan), Princeton Identity (US), and CMITech Company, Ltd. (Korea).
The smart container market is expected to grow from USD 3.9 billion in 2022 to USD 9.7 billion by 2027, at a compound annual growth rate (CAGR) of 19.6% during the forecast period.The Major Players MSC (US), Sealand – A Maersk Company (US), Globe Tracker (Denmark), Traxens (France), ORBCOMM (US), Shenzhen CIMC Technology Co., Ltd. (China), and Berlinger & Co. ApS (Switzerland).
The global outdoor LED lighting market is expected to grow from USD 25.7 billion in 2022 to USD 51.5 billion by 2027, at a compound annual growth rate (CAGR) of 14.9% during the forecast period.The Key Players Signify Holding (Netherlands), Acuity Brands Lighting, Inc. (US), Cree Lighting (US), Dialight (UK), and Panasonic Corporation (Japan).
The DOAS market is expected to grow from USD 3.9 billion in 2022 to USD 5.9 billion by 2027, at a compound annual growth rate (CAGR) of 8.8% during the forecast period.The Key Players Johnson Controls (Ireland), Trane Technologies (Ireland), Carrier Global (US), Daikin (Japan), Mitsubishi Electric (Japan), LG Electronics (South Korea), Samsung Electronics (South Korea), and Greenheck Fan (US).
The utility locator market size is expected to grow from USD 833 million in 2022 to USD 1,109 million in 2027, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.The Key Players Rigid tool company (US), Ditch Witch (The Charles Machine works) (US), Leica Geosystems AG (US), Vivax-Metrotech Corporation (US), 3M(US), USIC LLC (US), MultiVIEW Locates Inc. (Canada), and Ground penetrating radar (US).
The cryostat market is expected to grow from USD 2.2 billion in 2022 to USD 2.8 billion by 2027, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.The Key Players Leica Biosystems (Germany), Cryomech Inc. (US), Amos Scientific (Australia), MEDITE (Germany), Bright Instruments (UK), Dakewe Medical (China), Jinhua YIDI Medical Appliance Co., Ltd. (China), SLEE Medical GmbH (Germany), Advanced Research Systems (US), Lake Shore Cryotronics (US), Epredia (US), SM Scientific Instruments (India), Medimeas (India), Hacker Instruments & Industries (US), Boeckeler Instruments Inc. (US), Histo-line Laboratories (Italy), Lupetec (Brazil), SciLab Co. Ltd. (France), Cryofab, Inc. (US), Precision Cryogenics (US), attocube systems AG (Germany), AMETEK Scientific Instruments (US), Mirion Technologies (Georgia), BIOBASE (Germany), and Sipcon Instrument Industries (India).
The LiDAR Drone market is expected to grow from USD 147 million in 2022 to USD 508 million in 2027, at a compound annual growth rate (CAGR) of 22.9% during the forecast period.The prominent players Phoenix LiDAR Systems (US), Teledyne Optech (Canada), Velodyne LiDAR, Inc. (US), and Geodetics, Inc. (US).
The inductor market is expected to grow from USD 5.1 billion in 2022 to USD 7.0 billion by 2027, at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The Key players Murata Manufacturing (Japan), TDK (Japan), Vishay Intertechnology (US), TAIYO YUDEN (Japan), Chilisin Electronics (Taiwan), Delta Electronics (Taiwan), Panasonic (Japan), ABC Taiwan Electronics (Taiwan), Pulse Electronics (US), Coilcraft (US), Shenzhen Sunlord Electronics (China), Bourns (US). Apart from these, Sumida (Japan), ICE Components (US), Bel Fuse (France), Falco Electronics (Mexico), GCi Technologies (US), Würth Elektronik (Germany), Kyocera AVX (US), Samsung Electro-Mechanics (South Korea), Inductor Supply Inc. (US), Gowanda Electronics (US), Token Electronics (Taiwan), TT Electronics (UK), Laird Technologies (US), Johanson Technology (US), Zhenhua Electronics (China).
The global video encoders market is expected to grow from USD 2.3 billion in 2022 to USD 3.3 billion by 2027, at a compound annual growth rate (CAGR) of 7.6% during the forecast period.The Major Players Hikvision (China), VITEC (France), Harmonic (US), Motorola Solutions (US), and CISCO (US).
The terminal block market size is expected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027, at a CAGR of 5.7% during the forecast period. Major companies operating in this terminal block market include WAGO Kontakttechnik GmbH & Co. KG (Germany), TE Connectivity (Switzerland), and Weidmüller Interface GmbH & Co. KG (Germany).
The global intelligent power module market size is projected to reach USD 3.0 billion by 2027, at a CAGR of 10.7% during the forecast period. Mitsubishi Electric (Japan), ON Semiconductor(US), Infineon Technologies(Germany), Fuji Electric(Japan), and Semikron (Germany) are the top five players in the intelligent power module market globally.
The thermoelectric modules market is projected to reach USD 1,054 million by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Major vendors in the thermoelectric modules market include Ferrotec (Japan), Laird Thermal Systems (US), II-VI Incorporated (US), Kelk (Japan), Guangdong Fuxin Technology (China), TE Technology (US), TEC Microsystems (Germany), Crystal (Russia), Kryotherm (Russia), and Phononic (US).
The Bus seat market size is projected to reach USD 16.3 billion by 2027, at a CAGR of 5.6% during the forecast period. Some of the key companies operating in the market are Faurecia (France), GRAMMER AG (Germany), Magna International Inc. (Canada), Freedman Seating Company (US), Franz Keil GmbH (Germany), Adient (US), ISRINGHAUSEN GmbH (Germany), Lear Corporation (US), NHK Springs (Japan), Toyota Boshoku (Japan), Tachi-S (Japan), Minda Industries (India), Commercial Vehicle Group (US), Lazzerini SRL (Italy) and so on.
The integrated microwave assembly market is projected to reach USD 2.0 billion by 2027; it is expected to grow at a CAGR of 6.8 % during the forecast period. The report profiles key players in the integrated microwave assembly market and analyzes their market shares. Players profiled in this report are Analog Devices (US), Teledyne Technologies (US), Qorvo (US), MACOM (US), CAES (US), CPI International (US), APITech (US), National Instruments (US), Narda-MITEQ (US), and Integrated Microwave Corporation (US), Kratos Defense & Security Solutions(US),Mercury Systems(US),Wenzel Associates(US), TTM Technologies(US), AKON(US), Microwave Dynamics(US), RAPIDTEK(TAIWAN), Linwave Technology(UK), EM Research(US), Sylatech(UK), Erzia Technologies(Spain), Triton Services(US), Wolfspeed(US), Arralis(Ireland) and VectraWave(France).
The global industrial 3D printing market is projected to reach USD 6.27 billion by 2029 from USD 2.92 billion in 2024, growing at a CAGR of 16.5%. during the forecast period. The Major Players Stratasys (US), 3D Systems (US), Materialise (Belgium), EOS (Germany), GE Additive (US), ExOne (US), voxeljet (Germany), HP (US), SLM Solutions (Germany), Renishaw (UK), Protolabs (US), CleenGreen3D (Ireland), Optomec (US), Groupe Gorgé (France), Ultimaker (The Netherlands), Beijing Tiertime (China) XYZprinting (Taiwan), Höganäs (Sweden), Covestro (Royal DSM) (Germany), Desktop Metal (US), Nano Dimension (Israel), Formlabs (US), Carbon (US), TRUMPF (Germany), and Markforged (US)
The global total station market size is expected to grow from USD 1.6 billion in 2022 to USD 2.2 billion by 2027, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.The top Players Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), Suzhou FOIF Co. Ltd. (China), and STONEX Srl (Italy)
The COVID-19 Impact on 3D Printing Market is expected to grow from USD 11.4 billion in 2020 to USD 30.2 billion by 2025, at a CAGR of 18% during the forecast period. The market in 2020 is estimated to see a drop of more than 19% in comparison to the pre-COVID 2020 estimates. A key reason for this is that although the operation of 3D printers is expected to be high in 2020, most of the activities for which the printers/services are being employed are being done free of cost during this time of need.
The Purpose-built Backup Appliance (PBBA) Market is expected to grow from USD 5.2 billion in 2019 to USD 8.6 billion by 2024, at a CAGR of 10.6% during the forecast period. Major players operating in the purpose-built backup appliance market are Dell Inc. (US), NetApp, Inc. (US), IBM Corporation (US), Oracle Corporation (US), Fujitsu Limited (Japan), Commvault Systems, Inc. (US), Veritas Technologies LLC (US), and Hewlett Packard Enterprise Company (US). Other companies include Quantum Corporation (US), Barracuda Networks, Inc. (US), Hitachi Vantara Corporation (US), and Arcserve LLC (US), among others.
The micro-location technology market is projected to grow from USD 14.1 billion in 2019 to USD 34.1 billion by 2024 at a CAGR of 19.4%. Factors such as increasing importance of asset management across different industries, rise in the use of location-based mobile advertisement, high return on investment, growing adoption of mobile devices, and inefficiency of GPS in indoor premises are driving the market growth. Cisco Systems (US), Aruba Networks (US), Humatics Corporation (US), Estimote (US), Ruckus Networks (US), Zebra Technologies (US), CenTrak (US), Ubisense (UK), Camco Technologies (Belgium), and Siemens (Germany) are key players in the market. Decawave (Ireland), Apple (US), Google (US), Redpine Signals (US), and Visible Assets (US) are key innovators in the market.
The heat interface unit market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 342.3 Million in 2016 to USD 591.3 Million by 2023, at a CAGR of 7.9% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period considered is between 2017 and 2023. The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with. The key players in this market are Armstrong Fluid Technology (Canada), Bosch (UK), Dutypoint (UK), Honeywell (Switzerland), Kingspan (Ireland), GIACOMINI (Italy), Docherty (UK), Caleffi (Italy), ALFA LAVAL (Sweden), Danfoss (Denmark), Reliance Worldwide Corporation (UK) , and Intatec (UK).
The adaptive optics market is expected grow from USD 218.8 Million in 2016 to USD 2,190.9 Million by 2023, at a CAGR of 40.8% from 2017 to 2023. The major drivers for the growth of this market are the adoption of adaptive optics in ophthalmology and retinal imaging as well as increased government funding. The companies that are profiled in this report are Teledyne e2v (UK) LTD (UK), NORTHROP GRUMMAN CORPORATION (US), Thorlabs, Inc. (US), Iris AO, Inc. (US), Adaptica S.r.l. (Italy), Active Optical Systems, LLC (US), Flexible Optical B.V. (Netherlands), Imagine Optic SA (France), Boston Micromachines Corporation (US), and Phasics Corp. (France).
The fusion splicer market was valued at USD 570.5 Million in 2016 and is expected to reach USD 762.3 Million by 2022, at a CAGR of 4.72%. Moreover, the fusion splicer market registered a shipment of 65,735 units in 2016 and is expected to reach 97,353 units by 2022, at a CAGR of 6.52% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022.
Teleprotection market is at its early growth stage; however, it has a high potential across various industry verticals like power, telecom, oil & gas, transportation, information technology, aerospace & defense and so on. The increasing demand for energy saving and seamless transmission will boost the market with the help of advanced communication and network technologies. The teleprotection market is in its growth stage and penetrating very fast. The teleprotection market is estimated to reach $9.31 billion in 2018 at a CAGR of 28.67% from 2013 to 2018.
Continuous industrial expansion and the ever increasing demand for electricity have created the need for greater number of power generation facilities across the world. This demand is more prominent in emerging economies that are currently undergoing industrial expansion on a very large scale.
The increasing demand for energy-saving and environment-friendly lighting technology is driving the growth of the global solid state and other energy efficient lighting Systems market. The global solid state and other energy efficient lighting systems market is expected to grow from $28,248.7 million in 2010 to $53,469.5 million in 2015, at an estimated CAGR of 9.7% from 2010 to 2015.