The semiconductor and electronics industry reported constant growth from the time it came into being, approximately 40 years ago, until the economic crisis in 2009. The industry was able to cope from short term economic challenges, such as the bursti ....see more
The global fire testing market size was valued at USD 6.3 billion in 2019 and is projected to reach USD 8.6 billion by 2024; it is expected to grow at a CAGR of 6.4% during the forecast period. The key market players in the market are Intertek (UK), TUV SUD (Germany), IBM (US), SGS Group (Switzerland), Bureau Veritas SA (France), UL LLC (US), DEKRA SE (Germany), QIMA (Hong Kong), Applus+ (Spain), United Technologies (US), Element Materials Technology (UK), and International Fire Consultants Group (UK).
The Security Solutions Market is expected to grow from USD 257.9 billion in 2019 to USD 397.6 billion by 2024, at a CAGR of 9.0% during the forecast period. ADT (US), Honeywell International Inc. (US), Johnson Controls (US), Robert Bosch (Germany), Hikvision (China), Dahua Technology Co., Ltd (China), Axis Communications AB (Sweden), SECOM CO. LTD (Japan), United Technologies (US), ASSA ABLOY (Sweden) are among a few major players in the security solutions market.
The AI-Powered Storage Market is expected to grow from USD 10.4 billion in 2019 to USD 34.5 billion by 2024, at a CAGR of 27.1% during the forecast period. Key players operating in the AI-powered storage market are Intel Corporation (US), NVIDIA Corporation (US), IBM (US), Samsung Electronics (South Korea), Pure Storage (US), NetApp (US), Micron Technology (US), CISCO (US), Advanced Micro Devices (AMD) (US), Toshiba (Japan), Hitachi (Japan), Lenovo (China), Dell Technologies (US), HPE (US). Other key players include DataDirect Network (US), Seagate Technology PLC (US), Flextronics International (US), Western Digital (US), Fujitsu (Japan), and Tintri (US). Market players have adopted various strategies such as organic and inorganic to expand their global presence and increase their market shares.
The fuel management system market is expected to be valued at USD 515.9 million in 2018 and is likely to reach USD 707.4 million by 2023, at a CAGR of 6.52% during the forecast period. Growing demand for fuel management systems from the transportation and logistics industry is one of the major factors driving the growth of the market. Moreover, increasing demand for fuel management systems from APAC and launch of technologically advanced products by fuel management systems manufacturers worldwide are expected to considerably boost the growth of the fuel management system market in the coming years. A few major players operating in the fuel management system market are Dover (US), Franklin Fueling Systems (US), Gilbarco Veeder-Root (US), HID Global (US), Multiforce Systems (US), ESI Total Fuel Management (US), Road Track (Mexico), Triscan Group (UK), PIUSI (Italy), Banlaw (Australia), Fluid Management Technology (Australia), Guduza System Technologies (South Africa), and Technotrade (Ukraine).
The industrial wearables market is projected to reach USD 8.6 billion by 2024; growing at a CAGR of 50.2% during the forecasting period. Microsoft Corporation (US), Google (US), Seiko Epson Corporation (Japan), Vuzix (US), Magic Leap, Inc. (US), Apple Inc. (US), Fujitsu Ltd. (Japan), Honeywell International Inc. (US), Oculus VR (US), Samsung Electronics Co., Ltd. (South Korea), AsusTek Computer Inc. (Taiwan), Fitbit, Inc. (US), Fossil Group, Inc. (US), HTC Corporation (Taiwan), Olympus Corporation (Japan), Optinvent (France), RealWear (US), ThirdEye (US), Workerbase (Germany), and Zepcam (Netherlands) are among a few major players in the industrial wearables market.
The Force Sensor Market is expected to grow from USD 1.8 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 5.5% during the forecast period. Market leaders such as METTLER TOLEDO (US), Spectris (UK), (US), Vishay Precision Group (US), Honeywell (US), Block Kistler (Switzerland), and Gefran (Germany) in North America is also contributing significantly to the growth of the force sensor market in the region.
The Die Bonder Equipment Market is expected to grow from USD 820 million in 2019 to USD 972 million by 2024, at a CAGR of 3.5% during the forecast period. BE Semiconductor Industries N.V. (Netherlands), ASM Pacific Technology Ltd. (Singapore), Kulicke & Soffa (Singapore), Mycronic AB (Sweden), Palomar Technologies, Inc. (US), West·Bond, Inc. (US), MicroAssembly Technologies, Ltd. (Israel), Finetech GmbH & Co. KG (Germany), Dr. Tresky AG (Switzerland), Smart Equipment Technology (France) are the key players in the die bonder equipment market. These players are increasingly undertaking strategies such as product launches, expansions, agreements, partnerships, collaborations, and acquisitions to increase their market share.
The Smart Clothing Market is expected to grow from USD 1.6 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 26.2% during the forecast period. AiQ Smart Clothing (Taiwan), Athos (US), Carre Technologies (Canada), Sensoria (US), Clothing Plus (Finland), Cityzen Sciences (France), Vulpes Electronics (Japan), DuPont (US), Wearable X (US), Applycon (Czech Republic), Toray Industries (Japan), Myontec (Finland), Myzone (US), Siren (US), and Owlet (US). These players are increasingly undertaking product launches & developments, collaboration, and partnerships to develop and introduce new technologies in the market.
The Automatic Checkweigher Market is expected to grow from USD 238 million in 2019 to USD 289 million by 2024, at a CAGR of 4.0% during the forecast period. Major players in the automatic checkweigher market are METTLER TOLEDO (Switzerland), Ishida Co., Ltd. (Japan), and Anritsu Corporation (Japan). Other key players in this market include A&D Company, Limited (Japan), Bizerba (Germany), Yamato Scale (Japan), WIPOTEC-OCS (Germany), Thermo Fisher Scientific Inc. (US), Bosch Packaging Technology (Germany), and Minebea Intec (Germany).
The lighting control system market is expected to reach USD 39.0 billion by 2024, at a CAGR of 14.8% during the forecasting period. Major players in the lighting control system market are Signify Holding (Signify, Netherlands), Legrand S.A. (Legrand, France), Eaton Corporation (Eaton, Ireland), General Electric Company (GE, US), and OSRAM Licht AG (OSRAM, Germany). Other players operating in the lighting control system market include Acuity Brands, Inc. (Acuity, US), Leviton Manufacturing Company, Inc. (Leviton, US), Lutron Electronics Co. Inc (Lutron, US), Ideal Industries Inc. (Ideal Industries, US), Schneider Electric (Schneider, France), and Honeywell International Inc. (Honeywell, US).
The overall pre-terminated systems market is expected to reach USD 3.2 billion by 2024, at a CAGR of 9.0% during the forecasting period. Key players in the pre-terminated systems market include TE Connectivity Ltd. (Switzerland), Optical Cable Corporation (US), Corning Incorporated (US), CommScope Holding Company, Inc. (US), Amphenol Corporation (US), HellermannTyton PLC (Austria), HUBER+SUHNER AG (Switzerland), Belden Inc.(US), Legrand SA (France), and Nexans SA (France). These players are increasingly adopting growth strategies such as product launches and developments, mergers and acquisitions, contracts, partnerships, and agreements to develop and introduce new technologies and products in the market.
The Automatic Bending Machine Market is expected to grow from USD 1.9 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 4.5% during the forecast period. Major players operating in the automatic bending machine market are TRUMPF GmbH + Co. KG (Germany), AMADA HOLDINGS Co., Ltd. (Japan), Prima Industrie S.p.A. (Italy), DANOBAT GROUP (Spain), WAFIOS AG (Germany), HACO BV (Belgium), Bystronic Laser AG (Germany), BLM Group (Italy), transfluid® Maschinenbau GmbH (Germany), and AMOB (Portugal), among others. Other companies include Quantum Corporation (US), Barracuda Networks, Inc. (US), Hitachi Vantara Corporation (US), and Arcserve LLC (US), among others. Shuz Tung Machinery Industrial (Taiwan), Euromac (Italy), SOCO Machinery (Taiwan), and Universal Tool & Engineering (US), among others.
The SCARA Robot Market is expected to grow from USD 6.4 billion in 2019 to USD 10.4 billion by 2024, at a CAGR of 10.3% during the forecast period. Major players in the SCARA robot market include Seiko Epson (Japan), Yamaha Motor (Japan), Denso (Japan), YASKAWA (Japan), Stäubli (Switzerland), Kawasaki Heavy Industries (Japan), ABB (Switzerland), Mitsubishi Electric (Japan), Toshiba Machine (Japan), and Comau (Italy). Apart from these, ADTECH (China) and GOOGOLTECH (China) are a few emerging companies in the SCARA robot market.
The Quantum Cascade Laser Market is expected to grow from USD 335 million in 2019 to USD 422 million by 2025, at a CAGR of 3.9% during the forecast period. Thorlabs (US), Hamamatsu Photonics K.K. (Japan), mirSense (France), Emerson Electric Co. (US), Block MEMS (US), Wavelength Electronics Inc (US), Pranalytica (US), DRS Daylight Solutions (US), PNNL (US), nanoplus Nanosystems Technologies GmbH (Germany), Lasermax Inc. (US), Picarro Inc (US), Akela Laser Corporation (US), Aerodyne Research Inc. (US), Alpes Laser (Switzerland), Power Technology Inc. (US), Boston Electronics Corporation (US), MG Optical (Germany), SacherLaser Technik (Germany), AdTech Optics (US), Longwave Photonics (US), and Eluxi Ltd. (UK) are some of the major companies in the quantum cascade laser market.
The 5G Infrastructure Market is expected to grow from USD 784 million in 2019 to USD 47,775 million by 2027, at a CAGR of 67.1% during the forecast period. The major players in the 5G infrastructure market are Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), CISCO (US), CommScope (US), Comba Telecom Systems (Hong Kong), Alpha Networks (Taiwan), Siklu Communication (Israel), and Mavenir (US).
The Ultraviolet Analyzer Market is expected to grow from USD 1.0 billion by 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. The report profiles the most promising players in the market. The market is highly dynamic because of the presence of a significant number of big and small players operating in it. Key players in the market are ABB Ltd. (Switzerland), AMETEK, Inc. (US), Emerson Electric Co. (US), Halma plc (UK), Horiba, Ltd (Japan), Teledyne Analytical Instruments Inc. (US), Thermo Fisher Scientific Inc. (US), Xylem Inc. (US), Agilent Technologies Inc. (US), and Hitachi High-Technologies Corporation (Japan).
The Ultrasonic Cleaning Market is expected to grow from USD 1.6 billion in 2019 to USD 2.2 billion by 2024, at a CAGR of 6.5% during the forecast period. OEMs add the maximum value in the ultrasonic cleaning ecosystem. Branson Ultrasonic Corporation (Branson Ultrasonic (US), Cleaning Technologies Group (CTG) (US), Telsonic AG Group (Telsonic) (Switerzland), Omegasonics (US), Kemet International Limited (Kemet International) (UK), Morantz Ultrasonics (US), Mettler Electronics Corp. (Mettler Electronics) (US), SharperTek (US), Blue Wave Ultrasonics (Blue Wave)(US), Crest Ultrasonics Corporation (Crest Ultrasonics) (US), GuangDong GT Ultrasonic Co.,Ltd (GT SONIC) (China), TierraTech (US), Anmasi Precision Cleaning (Anmasi) (Denmark), STERIS PLC (STERIS) (Ireland), Ultrawave (UK), Roop Telsonics Ultrasonix Ltd (Roop Telsonics) (India), Skymen Cleaning Equipment Shenzhen Co.,Ltd (Skymen Cleaning Equipment) (China), and L&R Manufacturing Company (L&R Ultrasonic) (US) are a few of the major companies dominating the ultrasonic cleaning market.
The Borescope Market is expected to grow from USD 674 million in 2019 to USD 837 million by 2024, at a CAGR of 4.4% during the forecast period. Major players involved in the Borescope market include Olympus (Japan), SKF (Sweden), Baker Hughes (US), FLIR (US), Stanlay (India), FLUKE (US), Vizaar (Germany), AIT (US), Gradient Lens Corporation (US), and JME Technologies (US).
The Hybrid Valve Market is expected to grow from USD 1.0 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period. A few key players operating in the hybrid valves industry are Emerson (US), IMI PLC (UK), Trillium Flow Technologies (US), and Dymet alloys (UK).
The Computational Photography Market is expected to grow from USD 10.7 billion in 2019 to USD 29.0 billion by 2024, at a CAGR of 22.0% during the forecast period. The major players in computational photography market are Apple (US), Samsung (South Korea), Nvidia (US), Qualcomm (US), Adobe (US), Nikon (Japan), Sony (Japan), LG (South Korea), Light (US), Canon (Japan).
The Critical Communication Market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4% during the forecast period. Key players in the market include Motorola Solutions (US), Ericsson (Sweden), Nokia (Finland), Huawei (China), AT&T (US), Hariss (US), ZTE (China), Cobham Wireless (UK), Inmarsat (UK), Hytera (China), JVCKENWOOD Corporation (Japan), Mentura Group (Finland), Tait Communications (New Zealand), Telestra (Australia), Ascom (Switzerland), Zenitel (Belgium), Leonardo (Italy), Secure Land Communications (France), and Simoco Wireless Solutions (UK).
The Pet Wearable Market is expected to grow from USD 703 million in 2019 to USD 1,718 million by 2024, at a CAGR of 19.6% during the forecast period. Major players in the pet wearable market covered in this report are Whistle Labs (US), PetPace (US), Garmin (US), FitBark (US), Tractive (Austria), Link AKC (US), Motorola (US), Num’Axes /EYENIMAL (France), KYON (Greece), Scollar (US), GoPro (US), and Felcana (UK).
The Body Area Network Market is expected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024, at a CAGR of 11.7% during the forecast period. Apple Inc. (US), Fitbit (US), Samsung Electronics Co., Ltd. (South Korea), Garmin Ltd. (US), Fossil Group, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Casio Computer Co., Ltd. (Japan), LG Electronics Inc. (South Korea), Medtronic plc (US), Bragi (Germany), Polar Electro Oy (Finland), Mobvoi Information Technology Company Limited (China), GOQii (US), Suunto Oy (Finland), Withings (France), AsusTek Computer Inc. (Taiwan), Abbott Laboratories (US), Huami Corporation (China), and Matrix Industries (US) are among a few major players in the body area network market.
The Access Control Reader Market is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.5% during the forecast period. Key players in the market include ASSA ABLOY AB (Sweden), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Identiv, Inc. (US), IDEMIA Group (France), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Gemalto N.V. (Netherlands), NAPCO Security Technologies, Inc. (US), and Avigilon Corporation (Canada). These players are increasingly adopting growth strategies such as product launches and developments, mergers and acquisitions, contracts, partnerships, and agreements to develop and introduce new technologies and products in the market.
The Electron Beam Machining Market is expected to grow from USD 181 million in 2019 to USD 212 million by 2024, at a CAGR of 3.2% during the forecast period. Major players included in the electron beam machining market are Global Beam Technologies (Germany), Mitsubishi Electric (Japan), and pro-beam (Germany). The other key players in this market include companies such as Bodycote (UK), Cambridge Vacuum Engineering (UK), Sciaky (US), Beijing Zhong Ke Electric Co.Ltd. (China), Sodick (Japan), TETA (Russia), FOCUS GmbH (Germany), Evobeam (Germany), and AVIC (China), among others.
The Ion Milling System Market is expected to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 8.5% during the forecast period. Key players in the market include Veeco Instruments Inc. (US), Leica Microsystems Gmbh (Germany), Hitachi High-Technologies Corporation (Japan), Gatan, Inc. (US), Intlvac Thin Film Corporation (US), AJA International Inc. (US), Nano-Master, Inc. (US), Nordiko Technical Services Ltd. (UK), scia Systems GmbH (Germany), and Technoorg Linda co. ltd. (Hungary).
The plasma lighting market is expected to reach USD 415 million by 2024, at a CAGR of 4.7% during the forecast period. A few key players operating in the plasma lighting market are Luma Group (US), Ceravision (UK), Hive Lighting (US), Ka Shui International Holdings (China), Green de Corp (China), Gavita (Netherlands), Griffin & Ray (US), Guangzhou Kaiming Industries (China), BIRNS (US) and FusionLux (US).
The Logic Analyzer Market is projected to be worth USD 387 million by 2024. Keysight Technologies (US), Fortive (US), Rohde & Schwarz (Germany), National Instruments (US), Yokogawa Electric (Japan), Teledyne (US), Advantest Corporation (Japan), ARM Limited (UK), GAO Tek (Canada), Rigol Technologies (China), Saleae, Inc (US), Good Will Instrument Co., Ltd. (Taiwan), Zeroplus Technology Co., Ltd (Taiwan), Qingdao Hantek Electronic Co., Ltd. (China), NCI Logic Analyzers (US), Scientech Technologies Pvt. Ltd. (India), OWON Technology (China), IKALOGIC (France), Red Pitaya (Europe), and GSAS Micro Systems Pvt Ltd. (India) are among the major companies operating in the logic analyzer market.
The assistive robotics market is expected to reach USD 11.2 billion by 2024, growing at a CAGR of 22.3% during the forecast period. Major players in the assistive robotics include Kinova Robotics (Canada), Focal Meditech (Netherlands), Cyberdyne (Japan), Intuitive Surgical (US), ReWalk Robotics (Israel), SoftBank Robotics (Japan), Ekso Bionics (US), Ubtech Robotics (China), Barrett Technology (US), and Hyundai (South Korea). Apart from these, Intuition Robotics (Israel) and Mojin Robotics (Germany) are a few of the emerging companies in the assistive robotics market.
The Solid-State Cooling Market is expected to grow from USD 395 million in 2019 to USD 641 million by 2024, at a CAGR of 10.2% during the forecast period. Key players operating in the solid-state cooling market are Ferrotec (Japan), Laird Thermal Systems (US), II-VI Marlow (US), TE Technology (US), TEC Microsystems (Germany), Crystal Ltd. (Russia), Kryotherm (Russia), RMT Ltd (Russia), Thermion Company (Ukraine), Thermonamic Electronics (China), Kelk Ltd. (Japan), Z-Max (Japan), Alphabet Energy (US), O-Flexx Technologies (Germany), Phononic (US), and P&N Technology (China). Other key players include Everredtronics. (China), Micropelt (Germany), Hi-Z Technology (US), HUI MAO (China), Hicooltec Electronic (China), Merit Technology Group (China), LG Innotek (China), Align Sourcing (US), AMS Technologies (Germany), Inheco Industrial Heating & Cooling (Germany), CUI Inc. (US), Wellen Technology (US), Advanced Thermoelectric (US), and Sheetak (US).
The Vision Processing Unit Market is expected to grow from USD 1.3 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 18.7% during the forecast period. Key players in the VPU market include Samsung (South Korea), Movidius (US), Cadence (US), CEVA (US), NXP (The Netherlands), HiSilicon Technologies (China), Google (US), MediaTek (Taiwan).
The overall nanowire battery market is projected to reach USD 243 million by 2026, growing at a CAGR of 35.7% during the forecasting period. Major players involved in the nanowire battery market include Amprius (US), Sila Nanotechnologies (US), OneD Material (US), Nexeon (UK), NEI Corporation (US), XG Sciences (US), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), Enevate (US), ACS Materials (US), Novarials Corporation (US), Boston Power (US), Lithium Werks (Netherlands), and Targray (Canada).
The Audio Amplifier Market is expected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% during the forecast period. Key players operating in the audio amplifier market are STMicroelectronics (Netherlands), Texas Instruments (US), NXP Semiconductors (Netherlands), Maxim Integrated Product Inc. (US), Analog Devices (US), Cirrus Logic (US), Toshiba Electronic Devices & Storage Corporation (Japan), Infineon Technologies (Germany), ON Semiconductor Corp. (US), Qualcomm Incorporated (US), ROHM Semiconductor (Japan), Monolithic Power Systems Inc. (US), Silicon Laboratories Inc. (US), ICEPower A/S (Denmark), Nuvoton (Taiwan), Tempo Semiconductor (US), Renesas Electronics (Japan), Dialog Semiconductors (UK), Integrated Silicon Solutions Inc. (US), and Dioo Microcircuits (China).
The 3D projector market is projected to reach USD 4.4 billion by 2024; growing at a CAGR of 7.1% during the forecast period. Sony Corporation (Japan), Optoma (Taiwan), Seiko Epson Corporation (Japan), Barco (Belgium), Vivitek Corporation (Taiwan), Panasonic Corporation (Japan), BenQ Corporation (Taiwan), NEC Display Solutions (Japan), Christie Digital (US), Viewsonic (US), JVCKenwood Corporation (Japan), Digital Projection (UK), Wolf Cinema (US), Dukane (US), Acer Inc. (Taiwan), Boxlight (US), InFocus Corporation (US), Sim2 BV (Italy), Dell (US), and Canon Inc. (Japan) are among a few major players in the 3D projector market.
The solar lighting system market is projected to reach USD 10.8 billion by 2024 from USD 5.2 billion in 2019, at a CAGR of 15.6% during the forecast period. Signify Holding (Signify, Netherlands), Eaton Corporation Inc (Eaton, Ireland), Solar Electric Power Company (SEPCO, US),Su-Kam Power Systems Ltd. (Su-Kam, India), Clear Blue Technologies Inc (Clear Blue Technologies, Canada), SunMaster Solar Lighting Co.,Ltd. (SunMaster, China), SolarOne Solutions, Inc. (SolarOne, US), Solar Street Lights USA (Solar Street Lights, US), Solar Lighting International, Inc. (Solar Lighting, US), FlexSol Solutions B.V. (FlexSol Solutions, Netherlands), Azuri Technologies Ltd (Azuri, Kenya), Sol by Sunna Design (France), Nokero (US), and Solektra International (Africa) are a few major players in the solar lighting system market.
The robotic refueling system market is expected to grow from USD 25 million in 2019 to USD 2.2 billion by 2030, at a CAGR of 50.0% during forecast period. Scott Technology Ltd. (New Zealand), Fuelmatics AB (Sweden), Rotec Engineering B.V (Netherlands), Neste Oyj (Finland), Shaw development LLC (Shaw Development (US)), PLUG POWER Inc. (Power and Plug (US)), Aerobotix (US), Airbus S.A.S(Netherlands), The Boeing Company (Boeing (US)), ABB Group (Switzerland), KUKA (Germany), Simon Group Holding (US), FANUC Corporation (JAPAN), AUTOFUEL AB (Sweden), TATSUNO Corporation (Japan), CZECH INNOVATION GROUP (Czech Republic), Mine Energy Group Pty Ltd. (Australia), Husky Corporation (US), GAZPROMNEFT-AERO (Russia), and Green Fueling Inc. (US) are a few of the major companies dominating the robotic refueling system market.
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 High Power LED Market is expected to grow from USD 4.5 billion in 2019 to USD 5.6 billion by 2024 at a CAGR of 4.5% during the forecast period. The major high power LED vendors include Cree (US), Nichia (Japan), OSRAM (Germany), Samsung (South Korea), Everlight (Taiwan), Lumileds (Netherlands), Epistar (Taiwan), LG Innotek (South Korea), Broadcom (US), MLS (China), and Seoul Semiconductor (South Korea). The other companies include Luckylight Electronics (China), Plessey Semiconductors (UK), Betlux Electronics (China), Effilux (France), Lite-On Technology (Taiwan), Crescent LED (UK), Vollong Electronics (China), and Stanley Electric (Switzerland).
The electronic article surveillance (EAS) market is expected to grow from USD 981 million in 2019 to USD 1,173 million by 2024, at a CAGR of 3.6%. Modernizing retail sector and protection against inventory losses, shoplifting, and theft are the major driving factors for the market’s growth during the forecast period. Key players in the market include Checkpoint Systems (Canada), Johnson Controls (Ireland), Agon Systems (UK), ALL-TAG Corporation (US), Amersec (Czech Republic), TAG Company (UK), Ketec (US), WG Security Products (US), Softdel (US), Shenzhen Emeno Technology (China), Cross Point (The Netherland), Takachiho Koheki (Japan), Stanley Security (US), Shopguard Systems (Hungary), Dexilon Automation (Spain), Feltron Security Systems (UAE), and Sentry Custom Security (Canada).
The market for acoustic cameras is expected to grow from USD 128 million in 2019 to USD 159 million by 2024—growing at a CAGR of 4.4% during the forecast period. Factors driving the demand for these sensors include the growing adoption of room and building acoustics, and emerging audio and video combined microphone and camera array technology. A few major vendors in the acoustic camera market include gfai tech GmbH (Germany), BRÜEL & KJÆR (Denmark), CAE Software and Systems GmbH (Germany), Siemens PLM Software (US), Signal Interface Group (US), and Norsonic AS (Norway).
The precision forestry market was worth USD 3.9 billion in 2019 and is projected to reach USD 6.1 billion by 2024, at a CAGR of 9.0% during 2019–2024. The major drivers for the precision forestry market are increasing mechanization of forestry operation, growing demand for forestry products, decreasing cost of advanced monitoring & surveillance technologies, and increasing government support to adopt modern forestry techniques to curb illegal logging. The report profiles key players including Deere & Company (US), Trimble (US), Raven Industries (US), Tigercat (Canada), Ponsse (Finland), Komatsu Forest AB (Sweden), Caterpillar (US), Treemetrics (Ireland), Rottne Industri AB (Sweden), Ecolog (Sweden), Sampo Rosenlew (Finland), Quantum Spatial (US), Hitachi Construction Machinery (Japan), Doosan Infracore (South Korea), Blount International (US), Integrated Forest Management (US), Silvere (Finland), DroneSeed (US), Insight Robotics (Hong Kong), Treevia Forest Technologies (Brazil), and Aerobotics (South Africa).
The overall class D audio amplifier market is expected to reach USD 3.6 billion by 2024 from USD 2.3 billion in 2019 at a 9.5% CAGR. The growth of the class D audio amplifier market is attributed to the elevating demand for consumer electronics and smart home devices, increasing traction toward in-vehicle infotainment systems in automobiles, and rise in demand for energy-efficient technologies or components in portable and compact devices. Texas Instruments (US), Qualcomm (US), STMicroelectronics (Switzerland), Cirrus Logic (US), Analog Devices (US), NXP Semiconductors (Netherlands), Infineon Technologies (Germany) Maxim Integrated (US), Silicon Labs (US), ON Semiconductor (US), and ROHM Semiconductor (Japan) are among the major players in the class D audio amplifier market.
The MulteFire market is projected to grow from USD 455 million in 2020 to USD 2,119 million by 2025, at a CAGR of 36.0%. Increasing demand for high-capacity and easy-to-install wireless connectivity networks and rising need for more scalable and better network connectivity for industrial IoT (IIoT) applications are expected to drive the MulteFire market growth during the forecast period. The MulteFire market is dominated currently by Qualcomm (US), Nokia (Finland), Ericsson (Sweden), Huawei (China), Samsung (South Korea), Baicells Technologies (China), Casa Systems (US), Redline Communications (Canada), Ruckus Networks (US), SpiderCloud Wireless (US), Airspan (US), Athonet (Italy), ip.access (UK), Qucell (South Korea), and Quortus (UK) are a few of the major companies dominating the MulteFire market.
The LED light engine market is expected to be valued at USD 30.0 billion in 2019 and is anticipated to reach USD 59.5 billion by 2024 growing at a CAGR of 14.7% from 2019 to 2024. Key factors influencing the market growth are increasing demand for energy-efficient lighting systems; modernization and development of infrastructure, for example, smart cities, which leads to the implementation of lighting systems based on IoT; reduction in the price of LEDs; penetration of LEDs as light sources in general lighting; and rapid growth of LED technology over conventional lighting technology. The LED light engine market is currently dominated by Signify Lighting NV (Netherlands), OSRAM Licht AG (Germany), GE lighting (US), Cree, Inc. (US), Hubbell Inc. (US), Zumtobel Group AG (Austria), Wipro Enterprises (P) Ltd. (India), Samsung Electronics (South Korea), LG Innotek (South Korea), Legrand SA (France), Glamox AS (Norway), Lutron Electronics Co., Inc. (US), among others. A few of the major strategies adopted by these players to compete in the LED light engine market, include product launches & developments, partnerships, and mergers & acquisitions.
The automatic labeling machine market is estimated to be worth USD 2.5 billion in 2019 and is expected to reach USD 2.9 billion by 2024 , at a CAGR of 3.6% from 2019 to 2024. The growth of this market is propelled by factors such as the increasing demand for automation in the food industry, improving the economic condition, urbanization, and growing need for packaging solutions for various products.
The Ethernet storage fabric (ESF) market is expected to grow from USD 1.2 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 12.7% during the forecast period. Growing need for enterprise mobility to improve efficiency and rapid adoption of Ethernet storage fabric are expected to drive the ESF market during the forecast period. Mellanox Technologies (Israel), Huawei Technologies (China), Juniper Networks (US), Arista Networks (US), Hewlett Packard Enterprise Company (US), Intel Corporation (US), and Dell Technologies Inc. (US), Cisco Systems Inc., (US), Fujitsu (Japan), Fortinet (US), Microsemi Corporation (US), Allied Telesis Holdings K.K.(Japan), Lenovo Group (China), D-Link (Taiwan), H3C Technologies CO., Limited (Taiwan), Vicinity (US), Apeiron Data Systems (US), Argo Technologie SA (Switzerland), E8 Storage (US), and Edgecore Networks (Taiwan) are some of the major companies dominating the ESF market.
The underwater lighting market is projected to grow from USD 279 million in 2019 to USD 348 million by 2024, at a CAGR of 4.5% from 2019 to 2024. Increased use of these lights for night fishing and their installation in commercial swimming pools are expected to drive the growth of the market across the globe. Furthermore, the increasing substitution of traditional lights with LEDs is also expected to open growth opportunities for the underwater lighting market during the forecast period. Hayward Industries, Inc. (Hayward Industries, US), Acuity Brands, Inc. (Acuity Brands, US), Shadow Caster, Inc. (Shadow Caster, US), Signify Holding (Signify, Netherlands), OceanLED Marine Ltd. (OceanLED, UK), Lumishore (Lumishore, UK), Attwood Corporation (Attwood, US), Aqualuma LED Lighting (Aqualuma, Australia), T-H Marine Supplies, Inc. (T-H Marine, US), and Eaton Corporation plc (Eaton, Ireland) are a few major players operating in the underwater lighting market. The market is characterized by players catering to the niche demands of consumers. For instance, some of the companies manufacture and market LEDs only for underwater applications.
The conveyor monitoring market is expected to reach USD 254 million by 2024 from USD 215 million in 2019; it is expected to record a CAGR of 3.5%. The growth of this market propelled by the rising focus of companies on the reduction of revenue loss due to faults in conveyor systems and increasing awareness of predictive maintenance tools and techniques, including conveyor monitoring, to eliminate wastage, reduce maintenance costs and period, increase credibility to the customers. Beltscan Systems Pty Ltd. (Australia), Yellowtec (Australia), Honeywell International Inc. (US), ContiTech Conveyor Belt Group (Germany), Fenner Dunlop (Australia), PHOENIX CBS GMBH (Germany), Emerson Electric Co. (US), Bruel & Kjaer (Denmark), SKF (Sweden), and Parker Hannifin Corporation (US) are a few major players operating in the conveyor monitoring market.
The single loop controller market was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends such as increasing demand for unconventional energy sources, booming power sector, and growing investments toward power generation projects drive the growth of the market. The leading players in the single loop controller market include WEST Control Solutions (UK), Eurotherm (UK), Honeywell (US), ABB (Switzerland), OMRON (Japan), Sure Controls (UK), Yokogawa (Japan), Gefran (Italy), Azbil Corporation (Japan), Mitsubishi (Tokyo), Carotek (US), and PSG Plastic Service GmbH (Europe), among others.
The cleanroom lighting market is projected to reach USD 978 million by 2024 from USD 742 million in 2019, at a CAGR of 5.7%. Major drivers for the market’s growth are the need for a controlled environment with near-zero levels of pollutants in the manufacturing industries, and stringent regulations in healthcare & food processing industries to prevent contamination of products. Furthermore, underlying opportunities for the cleanroom lighting market include growing economies in the Middle East to boost cleanroom lighting adoption and increasing demand for energy-efficient cleanrooms. Crompton Greaves Ltd. (Crompton, India), Signify Holding. (Signify, Netherlands), LUG Light Factory Sp. z o.o. (LUG Light Factory, Poland), Eaton Corporation plc (Eaton, Ireland), Wipro Enterprises (P) Ltd. (Wipro, India), Terra Universal. Inc. (Terra Universal, US), Paramount Industries, Inc. (Paramount, US), Solite Europe Ltd (Solite Europe, UK), Eagle Lighting Australia (Eagle Lighting, Australia), and Kenall Manufacturing (Kenall Manufacturing, US) are a few major players in the cleanroom lighting market