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 laser projection market is estimated to be worth USD 4.57 billion in 2018 and is expected to reach USD 10.53 billion by 2023, at a CAGR of 18.2% between 2018 and 2023. The growth of this market can be attributed to the growing demand for RGB laser projectors in cinema and rising demand for high-brightness projectors. Panasonic Corporation (Japan), Sony Corporation (Japan), Seiko Epson Corporation (Japan), Barco NV (Belgium), NEC Display Solutions (Japan), BenQ Corporation (Taiwan), Casio Computer Co., Ltd. (Japan), Optoma Corporation (Taiwan), The Ricoh Company, Ltd. (Japan), and Delta Electronics Industry Co., Ltd. (Taiwan) are the major players in the laser projection market. The report also includes the profiles of companies such as Canon Inc. (Japan), Christie Digital Systems (US), Digital Projection (UK), Dell (US), FARO Technologies, Inc. (US), Hitachi Digital Media Group (UK), LAP GmbH Laser Applikationen (Germany), ViewSonic Corporation (US), and Xiaomi Inc. (China).
The global optical emission spectroscopy (OES) market is expected to be USD 582.2 million in 2018 and is projected to be worth USD 792.4 million by 2023, at a CAGR of 6.36% from 2018 to 2023. The OES market is expected to grow substantially due to the factors such as enforcement of stringent government safety regulations and quality control requirements across various sectors, and technological enhancements and increased functionalities. Rising demand for multielement analysis technologies from end-user industries, growing preference to outsource analytical requirements to third-party service providers, and increasing demand from metal and scrap recycling industry are offering new growth opportunities for the growth of the OES market. Thermo Fisher Scientific (US), Ametek (US), Bruker (US), Hitachi High Technologies Corporation (Japan), Shimadzu (Japan), Horiba (Japan), PerkinElmer (US), Agilent Technologies (US), Skyray Instrument (US), and Analytik Jena (Germany) are among the major players in the global optical emission spectroscopy equipment market. SGS (Switzerland), Bureau Veritas (Japan), Intertek (UK), TÜV SÜD (Germany), and Element Materials Technology (UK) are the major players in the optical emission spectroscopy services market.
The augmented reality in retail market is expected to be USD 1,155.8 million in 2018 and is projected to reach USD 7,951.2 million by 2023, at a CAGR of 47.1% during the forecast period. Increasing online shopping encourages retailers to adopt AR, rising smartphone penetration, and growing adoption of connected devices are the major factors driving the growth of the augmented reality in retail market. Conventional strategies of advertising and marketing, as well as transactional sales, have been greatly revolutionized with the addition of innovative technological advancements; together these progressions have uplifted the retail industry. The fierce competition in the retail industry has encouraged retailers to adopt advanced technologies in their space. Consumer engagement through online and offline modes is the most effective strategy adopted to sustain and grow in the retail industry. Major players in the augmented reality in retail market are Google (US), PTC (US), Apple (US), Microsoft (US), Wikitude (Austria), DAQRI (US), Zugara (US), Blippar (UK), Marxent Labs (US), Augment (France), and ViewAR (Austria). The other players profiled in the report include Holition (UK), Ikea (Netherlands), Sephora (France), Amazon (US), Imaginate Technologies (India), Kudan (UK), Total Immersion (France), and INDE (UK). The start-up ecosystem includes Ads Reality (UK), XZIMG (China), VisionStar Information Technology (China), Zappar (UK), and Obsess (US).
According to the MarketsandMarkets forecast, the contextual advertising market is expected to be worth USD 125.79 billion in 2018 and is likely to reach USD 297.68 billion by 2023, at a CAGR of 18.80% between 2018 and 2023. The major factors driving the growth of the market include increasing number of social media users, personalized marketing strategies, and growing trend of mobile advertisement. Some of the major players in the contextual advertising market are Google (US), Media.net (Dubai), Facebook (US), Microsoft (US), Amazon.com (US), AOL (Austria), Yahoo (US), Twitter (US), IAC (US), and Amobee (US).
The automatic lubrication system market is expected to grow from USD 769.4 million in 2018 to USD 958.5 million by 2023, at a CAGR of 4.5% between 2018 and 2023. Key factors driving the growth of the automatic lubrication system market include reduction in machine downtime associated with manual lubrication, effective lubrication with automatic lubrication systems, increasing focus on worker safety, and rising labor costs. Major players in the automatic lubrication system market are SKF (Sweden), Graco (US), BAIER + KOEPPEL (Germany), Timken (US), and Bijur Delimon (US).
The media gateway market is expected to reach USD 2.19 billion by 2023 from USD 2.03 billion in 2018, at a CAGR of 1.46% during the forecast period. Major factors driving the growth of the media gateway market include the need for high-quality communication over disparate networks; the modular structure of media gateways providing high flexibility to legacy networks; and session border functionality of integrated media gateways. The report profiles the most promising players in the media gateway market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this industry are Nokia (Finland), AudioCodes (Israel), Avaya (US), Ribbon Communication (US), Ericsson (Sweden), Huawei (China), Cisco Systems (US), Dialogic (US), Synway Information (China), and ZTE (China), among others.
The global eSports market growth was valued at USD 2.22 billion in 2024 and is anticipated to reach USD 6.51 billion by 2029 growing at a CAGR of 24.0% during the forecast period. The market is mainly driven by the increasing popularity of video games and growing awareness about esports. The esports ecosystem comprises companies such as Modern Times Group (Sweden), Activision Blizzard (US), FACEIT (UK), Total Entertainment Network (US), Gfinity (UK), Turner Broadcasting System (US), CJ Corporation (South Korea), Valve Corporation (US), Tencent (China), and Electronic Arts (EA) (US). This report also covers the following prominent players: Hi-Rez Studios (US), KaBuM (Canada), Wargaming Public (Cyprus), Rovio Entertainment (Finland), GungHo Online Entertainment (Japan), and Alisports (China). Online streaming companies such as YouTube(US), Twitch (US), Facebook (US), and Beyond the Summit (BTS) (US).
The optical encryption market is expected to grow from USD 2.77 billion in 2018 to USD 4.24 billion by 2023, at a CAGR of 8.9% between 2018 and 2023. The growth of this market is driven by emerging requirement of regulatory compliances, growing concern over data security and privacy due to cyberattacks, and rising data center deployments. Major players in the optical encryption market include Ciena (US), ADVA (Germany), Nokia (Finland), ECI Telecom (Israel), Cisco (US), Huawei Technologies (China), Microsemi (US), Infinera (US), Arista Networks (US), and Acacia Communications (US).
The silica analyzer market is estimated to grow from USD 106.1 million in 2018 to USD 139.6 million by 2023, at a CAGR of 5.66% between 2018 and 2023. Among many potential impurities in the steam cycle, silica plays a vital role because the solubility of silica in steam directly depends on the density and temperature of the steam. Any minor deviation of silica concentration on a power plant can have serious and expensive consequences in relation to performance, reliability, efficiency, and safety. The growth of this market is propelled by the significance of accurate silica measurement in steam/water for optimizing power plant efficiency. Hach (US), ABB (Switzerland), Thermo Fisher Scientific (US), Mettler Toledo (Switzerland), HORIBA (Japan), NIKKISO (Japan), Swan Analytical Instruments (Switzerland), SPX Flow (US), DKK TOA (Japan), Waltron Group (US), Dr.Thiedig (Germany), Electro-Chemical Devices (US), Shanghai Boqu Instrument (China), KNTEC (South Korea), HKY Technology (China), and Omicron Sensing (US) are a few major companies in this market.
The depth sensing market is expected to grow from USD 4.40 Billion in 2018 to USD 7.72 Billion by 2023, at a CAGR of 11.89% between 2018 and 2023. The major factors driving the growth of this market include the growing smartphone market, increasing adoption of dual cameras in smartphones, rising use of depth sensing technology in AR-VR gaming applications, and increasing requirement of security and surveillance systems. 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. Texas Instruments (US), Infineon Technologies (Germany), Qualcomm (US), Occipital (US), Stereolabs (US), Creative (Singapore), pmdtechnologies (Germany), Sony Depthsensing Solutions (Belgium), BECOM BLUETECHNIX (Austria), Intel (US), Melexis (Belgium), Tower semiconductor (Israel), Vrmagic (Germany), Aquifi (US), Nerian Vision Technologies (Germany), Espros (Switzerland), Sunny Optical Technology (China), PrimeSense (Israel), ASUSTeK Computer (Taiwan), and LIPS Corporation (Taiwan) are the key players in this market.
The articulated robot market (excluding the cost of robotic peripherals, software, and system engineering) is expected to grow from USD 10.92 Billion in 2018 to USD 23.51 Billion by 2023, at a CAGR of 16.58% during the forecast period. The articulated robot market is expected to register a shipment of 245,012 units in 2018 and is expected to reach 548,566 units by 2023, at a CAGR of 17.49% during the forecast period. The growth of the articulated robot market is driven by factors such as increasing growing investments for automation in various industries and growing demand from SMEs in developing countries. The articulated robot market is currently dominated by players such as FANUC (Japan), ABB (Switzerland), Yaskawa (Japan), KUKA (Germany), and Mitsubishi (Japan). CMA Robotics S.p.A. (Italy), Anhui Efort Intelligent Equipment (China), Precise Automation, Inc. (US), and F&P Robotics AG (Switzerland) are some of the emerging players in the articulated robot market.
The equipment monitoring market was valued at USD 3.02 Billion in 2017 and is expected to reach USD 4.47 Billion by 2023, at a CAGR of 6.7% during the forecast period. The growth of the equipment monitoring market is driven by the advancement of wireless technology in equipment monitoring system, reduced cost of IoT component leading to cost-effective equipment monitoring, and adoption of equipment monitoring systems. Major players operating in the equipment monitoring market include Emerson Electric (US), General Electric (US), Honeywell (US), National Instruments (US), SKF (Sweden), Parker-Hannifin (US), Rockwell Automation (US), Siemens (Germany), Yokogawa (Japan), and PRUFTECHNIK (Germany).
The construction robot market is expected to reach USD 166.4 Million by 2023 from USD 76.6 Million in 2018, at a CAGR of 16.8%. The construction robot market is mainly driven by factors such as enhanced productivity, quality, and safety due to the implementation of construction robots and growing urbanization worldwide. The report profiles the most promising players in the market. The competitive landscape of 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 Brokk (Sweden), Husqvarna (Sweden), Ekso Bionics (US), Komatsu (Japan), Fujita (Japan), Construction Robotics (US), Fastbrick Robotics (Australia), Autonomous Solutions (US), Conjet (Sweden), TopTec Spezialmaschinen (Germany), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), CYBERDYNE (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US), and Beijing Borui Intelligent Control Technology (China).
The postal automation system market is expected to grow from USD 753.3 Million in 2018 to USD 1,022.2 Million by 2023, at a CAGR of 6.30% between 2018 and 2023. Factors that are driving the growth of the market include growth in e-commerce industry, increasing need for automated sorting and delivery processes in the postal industry, and rising labor costs. However, the declining volume of traditional mails, along with high initial investments and maintenance costs, is hindering the growth of the market. Evolution of traditional postal operations into smart, connected, and more efficient automated postal operations through the integration of Industry 4.0 practices provides growth opportunities for vendors in the postal automation system market. The postal automation system market has been segmented on the basis of component, application, technology, and region. The postal automation system market was dominated by key players such as Siemens (Germany), Toshiba (Japan), NEC (Japan), SOLYSTIC (France), Pitney Bowes (US), Vanderlande (Japan), Fives Group (France), Leonardo (Italy), Lockheed Martin (US), and Beumer Group (US).
The overall on-board magnetic sensor market is estimated to be worth USD 1.26 Billion in 2018 and is expected to reach USD 1.89 Billion by 2023, growing at a CAGR of 8.4% between 2018 and 2023. The growth of this market is driven by the continuous growth in the use of on-board magnetic sensors for consumer electronics applications and role of on-board magnetic sensors in navigation, and developments in the on-board magnetic sensor ecosystem through organic and inorganic growth strategies such as product launches, agreements, partnerships, collaborations, mergers and acquisitions, and expansions. Major companies involved in the development of on-board magnetic sensors include Asahi Kasei Microdevices (Japan), Sanken Electric (Allegro Subsidiary) (Japan), Infineon Technologies (Germany), TDK Corporation (Japan), and Melexis NV (Belgium), Murata Manufacturing (Japan), Honeywell International (US), TE Connectivity (Switzerland), AMS (Austria), and NXP Semiconductors N.V. (Netherlands), among others.
The safety switch market is expected to grow from USD 1.24 Billion in 2018 to USD 1.55 Billion by 2023, at a CAGR of 4.5% between 2018 and 2023. The growth of this market is fueled by the growing adoption of automation in hazardous industrial areas, increasing government intervention for equipment and personnel safety in industries, and rising demand for non-contact door switches to improve the stability of doors and guards. Developments in the safety switch market ecosystem through organic and inorganic growth strategies, such as product developments, merger and acquisition, partnerships, collaborations, and agreements further drive the growth of this market. The major players operating in the safety switch market are General Electric (US), Schneider Electric (France), Rockwell (US), Siemens (Germany), ABB (Switzerland), Eaton (Republic of Ireland), Honeywell (US), Omron (Japan), Pilz (Germany), and SICK (Germany).
The massive MIMO market was valued at USD 1.11 Billion in 2017 and is expected to reach 20.91 Billion by 2026, at a CAGR of 41.6% during the forecast period. The growing demand for high data rate speed, low latency, easy synchronization with the previous generation technology, and consistent connectivity, among others, are the key factors driving the massive MIMO market. The base year considered for the study is 2017 and the forecast period considered is between 2018 and 2026. The objective of the report is to provide a detailed analysis of the massive MIMO market on the basis of spectrum, technology, type of antennas, and geography. The report provides detailed information regarding the major factors influencing the growth of this market. Some of the major players in the massive MIMO market include Nokia, Ericsson, Huawei, ZTE, Verizon, Sprint, Airtel, China Mobile, and Deutsche Telekom.
The overall automated container terminal market is estimated to grow from USD 9.09 Billion in 2018 to USD 10.89 Billion by 2023, at a CAGR of 3.7% between 2018 and 2023. The growth of this market is being driven by the growing demand for large container ships, increasing labor cost in developed nations, and growing competition among container terminals. Cargotec (Finland) , Konecranes (Finland), ZPMC (China), Liebherr (Switzerland), ABB (Switzerland), Künz (Austria), CyberLogitec (South Korea), IDENTEC SOLUTIONS (Austria), Camco Technologies (Belgium), and ORBCOMM (US) are the major players operating in this market.
The tunnel monitoring system market is expected to grow from USD 292.7 Million in 2017 to USD 663.8 Million by 2023, at a CAGR of 14.27% during the forecast period. This report provides the size and studies the future growth potential of the tunnel monitoring system market. The market, in this report, has been segmented on the basis of offering, tunnel type, networking technology, and region. The study identifies and analyzes dynamics such as drivers, restraints, opportunities, and industry-specific challenges pertaining to the tunnel monitoring system market. This report also profiles the key players operating in the tunnel monitoring system market. The base year considered for the study is 2017, and the market size forecast is provided for the period between 2018 and 2023. The major players in the tunnel monitoring system market include Nova Metrix (US), SISGEO (Italy), James Fisher (UK), GEOKON (US), COWI (Denmark), Ramboll (Denmark), and Fugro (Netherlands).
The overall laser cleaning market is projected to exhibit lucrative growth potential during the forecast period. The market growth is propelled by the preference toward laser cleaning over traditional approach and the increasing demand for laser cleaning in various applications. The laser cleaning market was valued at USD 588.8 Million in 2018 and is expected to reach USD 723.9 Million by 2023, at a CAGR of 4.22% during the forecast period. Major players in the laser cleaning market include Coherent, Inc. (Coherent) (US), Trumpf Group (Trumpf) (Germany), IPG Photonics Corporation (IPG Photonics) (US), Adapt Laser Systems LLC (Adapt Laser) (US), and Clean Lasersysteme GmbH (Clean Lasersysteme) (Germany).
The wearable display market is expected to be valued at USD 1.34 Billion in 2018 and is likely to reach USD 3.37 Billion by 2023, at a CAGR of 20.33% between 2018 and 2023. Increased use of flexible OLED displays in smartwatches, rising demand for OLED display for use in smart wearable devices, and technological shift and development of energy-efficient and high-specification display products are some of the major factors driving the growth of the market. With the increasing adoption of AR/VR devices and the development of micro-LED displays for smart wearable devices, the market is expected to witness a significant growth during the forecast period.
According to MarketsandMarkets’ forecast, the light meter market is expected to grow from USD 305.1 Million in 2018 to USD 417.4 Million by 2023, at a CAGR of 6.47% between 2018 and 2023. The major drivers for the light meter market are the increasing demand for light meters in the photography and cinematography industry worldwide, regulations to improve workplace lighting, and government initiatives toward the standardization of lighting protocols. The Americas, being a technologically advanced and developed region, is an early adopter of the light meter technologies. Also, the majority of the light meter manufacturers are based in this region. Its strong financial position also allows it to heavily invest in leading tools and technologies for effective business operations. These advantages give a competitive edge to the American organizations in various businesses.
The optical measurement market is expected to reach USD 5.14 Billion by 2023 from USD 3.68 Billion in 2018, at a CAGR of 6.87% between 2018 and 2023. Factors such as the growing demand for 3D metrology services, adoption of advanced optical measurement solutions, and increasing in R&D spending are driving the growth of the optical measurement market. Key players in the ecosystem of the optical measurement market profiled in this report are Hexagon (Sweden), Faro Technologies (US), Jenoptik (Germany), Keyence (Japan), Mitutoyo (Japan), Nikon (Japan), Vision Engineering (UK), Zygo Corporation (US), GOM (Germany), and Carl Zeiss (Germany).
The overall heavy-duty connector market is estimated to grow from USD 2.81 Billion in 2018 to USD 3.51 Billion by 2023, at a CAGR of 4.6% between 2018 and 2023. The growth of this market is being propelled by the increase in the importance of industrial safety, rise in the adoption of industrial automation solutions, mandatory functional safety standards and government regulations, and emphasis on energy-efficient manufacturing. Weidmuller Interface (Germany), Phoenix Contact (Germany), TE Connectivity (Switzerland), Amphenol Sine Systems (US), Molex (US), Harting Technology(Germany), XiamenWain Electrical (China), Wieland Electric (Germany), ITT (US), ODU (Germany), and Lapp (Germany) are the major players operating in this market.
The mobile substation market is expected to grow from an estimated USD 789.3 Million in 2018 to USD 1,136.9 Million by 2023, at a CAGR of 7.57% between 2018 and 2023. Factors driving the growth of this market include the ease of transportation, flexibility, cost-effectiveness, and easy installation of mobile substations. Moreover, mobile substation is a trailer mounted power solution and can be installed in a limited space and can be easily relocated without difficulty. The mobile substation is a comprehensive solution that is designed, engineered, assembled on trailer, tested, in a factory and delivered on site for power distribution. Key players in this market are Siemens (Germany), ABB (Switzerland), Eaton (Ireland), General Electric (US), CG Power (India), and MEIDENSHA (Japan). Other companies covered in this report are WEG (Brazil), AZZ (US), TGOOD (Hong Kong), Powell Industries (US), Elgin Power Solutions (US), Matelec Group (Lebanon), Aktif Group (Turkey), PME Power Solutions (India), EKOS Group (Turkey), Efacec (Portugal), and Delta Star (US).
The digital textile printing market is expected to reach USD 2.31 Billion by 2023 from USD 1.76 Billion in 2018, at a CAGR of 5.59% between 2018 and 2023. The report also profiles the most promising players in the digital textile printing market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this industry are Aeoon Technologies GmbH (Austria), ATPColor Srl (Italy), Bordeaux Digital PrintInk Ltd. (Israel), Durst Phototechnik AG (Italy), Hollanders Printing Systems B.V. (Netherlands), Kornit Digital (Israel), SPGPrints B.V. (Netherlands), Brother International Corporation (Japan), Colorjet Group (India), d.gen Inc. (South Korea), Konica Minolta, Inc. (Japan), Mimaki Engineering Co., Ltd. (Japan), Mutoh Holdings Co. Ltd. (Japan), Ricoh Company Ltd (Japan), Roland DG Corporation (Japan), Seiko Epson Corporation (Japan), DuPont (US), Electronics For Imaging, Inc. (US), and Huntsman International LLC (US).
The radio access network market is estimated to be valued USD 9.88 Billion in 2018 and is projected to reach USD 14.99 Billion by 2023, at a CAGR of 8.7% between 2018 and 2023. The major factors driving the growth of this market are increasing mobile traffic, growing demand for improved network coverage, and technological advancements in the telecommunication industry. The companies profiled in this report are Huawei (China), Ericsson (Sweden), Nokia Networks (Finland), ZTE (China), Samsung (South Korea), NEC (Japan), Cisco (US), Qualcomm (US), Intel (US), Fujitsu (Japan), Juniper Network (US), Hewlett Packard Enterprise (HPE) (US), Corning (US), AT&T (US), Verizon Communications (US), HUBER+SUHNER (Switzerland), CommScope (US), Airspan Networks (US), Qorvo (US), and LG Electronics (South Korea).
The density meter market is estimated to be worth USD 855.0 Million in 2018 and is expected to reach USD 1,041.2 Million by 2023, at a CAGR of 4.02% between 2018 and 2023. The growth of this market is propelled by oil & gas downstream segment and stringent regulations with regard to food quality and food safety. Emerson (US), Thermo Fisher (US), Endress+Hauser (Switzerland), Yokogawa (Japan), Mettler Toledo (Switzerland), Toshiba (Japan), AMETEK (US), Valmet (Finland), Anton Paar (Austria), Vega Grieshaber (Germany), Berthold Technologies (Germany), Schmidt + Haensch (Germany), ProMtec Theisen (Germany), A.KRUSS Optronic (Germany), Avenisense (France), Rudolph Research Analytical (US), Bopp & Reuther (Germany), Rototherm Group (UK), Integrated Sensing System (US), Sensotech (Germany), Kyoto Electronics (Japan), Lemis Baltic (Latvia), Horiba (Japan), Meidensha Corporation (Japan), Dandong Dongfang Measurement & Control Technology (China), and Ronan Engineering (US) are some major companies in this market.
The overall alarm monitoring market is expected to be valued at USD 45.70 Billion in 2018 and is likely to reach USD 59.83 Billion by 2023, at a CAGR 5.5% between 2018 and 2023. The major factors driving the growth of the alarm monitoring market include attractive insurance policy discounts for installing security systems and increasing popularity of smart homes and home automation systems. The report also profiles the most promising players in the alarm monitoring market. The competitive landscape provides a picture of the strategies adopted by a large number of the players in the market. The key players in the alarm monitoring market include ADT (US), Moni (US), Honeywell (US), Securitas (Sweden), UTC (US), Schneider (France), Johnson Controls (US), Vivint (US), Vector Security (US), and Bosch (Germany).
According to the forecast from MarketsandMarkets, the wireless data radio modem market is expected to reach USD 724.1 Million by 2023 from USD 594.4 Million in 2018, at a CAGR of 4.03% during the forecast period. The growth of this market is fueled by the growing demand for radio modems in agricultural drones and surveys, dominance of radio modems in SCADA and telemetry applications, and low operational costs and more power-efficiency of private radio networks using radio modems. The major players in the wireless data radio modem market include SATEL OY (Finland), Motorola Solutions (US), Schneider Electric (France), Digi International (US), Pacific Crest (US), Advantech B+B SmartWorx (US), FreeWave Technologies (US), Cohda Wireless (Australia), Campbell Scientific (US), and Harris Corporation (US).
The deep learning market is estimated to be valued at USD 3.18 Billion in 2018 and is expected to reach USD 18.16 Billion by 2023, at a CAGR of 41.7% between 2018 and 2023. Major drivers for this market are improving computing power and declining hardware cost; the increasing adoption of cloud-based technology; usage in big data analytics; and growing AI adoption in customer-centric services. Companies that are profiled in this report are NVIDIA (US), Intel (US), Xilinx (US), Samsung Electronics (South Korea), Micron Technology (US), Qualcomm (US), IBM (US), Google (US), Microsoft (US), and AWS (US). Some of the key start-ups included in this report are Graphcore (UK), Mythic (US), Adapteva (US), and Koniku (US).
The smart worker market is expected to be valued at USD 1.87 Billion in 2018 and is likely to reach USD 4.40 Billion by 2023, at a CAGR of 18.69% between 2018 and 2023. The growing adoption of industrial IoT and the increasing focus of manufacturing companies on energy efficiency, resource optimization, and reduction in production and operating costs are driving the growth of the market for smart worker solutions. Further, the growing stringency in occupational health and safety regulations across the world is also contributing to the market growth.Some key players in the smart worker market are Honeywell (US), DAQRI (US), Fujitsu (Japan), Accenture (Republic of Ireland), Vandrico (Canada), Intellinium (France), Avnet (US), 3M (US), Oracle (US), Zebra Technologies (US), Parsable (US), Rice Electronics (US), Softweb Solutions (US), Recon Instruments (Canada), Wearable Technologies Limited (UK), Corvex Connected Safety (US), ProGlove (Germany), Smart Track (Italy), hIOTron (India), and Solution Analysts (India).
The intelligent pigging market is estimated to grow from USD 570.8 Million in 2018 and is expected to reach USD 717.9 Million by 2023, at a CAGR of 4.69% between 2018 and 2023. The growth of this market is propelled by the government mandates and regulations for pipeline inspections, benefits of intelligent pigging solutions, and concern about the safety of pipelines and energy infrastructure. Baker Hughes (US), ROSEN Group (Germany), T.D. Williamson (US), Onstream Pipeline Inspection (Canada), NDT Global (Ireland), Enduro Pipeline Services (US), Intertek Group (UK), Dacon Inspection Services (Thailand), LIN SCAN (UAE), and Applus (Spain) are some major companies in this market.
The positive material identification (PMI) market is expected to grow from USD 1.99 Billion in 2018 to USD 2.89 Billion by 2023, at a CAGR of 7.79% between 2018 and 2023. The growth of this market is mainly driven by stringent safety regulations by governments and quality control requirements, declining efficiencies of aging assets and the subsequent need for operational safety, and innovative technological advancements in PMI equipment. SGS Olympus, Thermo Fisher, Bruker, Hitachi, SGS, Bureau Veritas, Intertek, TUV SUD, and Element Materials Technology are the major players included in the report with market ranking analysis. The report also covers other key players involved in this market. Tribogeincs, Torontech, Sciaps, QSX Instruments, and Xenemetrix are few other key players in the market.
The overall eSIM market is estimated to grow from USD 253.8 Million in 2018 to USD 978.3 Million by 2023, at a CAGR of 31.0% between 2018 and 2023. The emphasis on remote SIM provisioning for M2M, favorable government regulations boosting M2M communication, and high adoption of IoT technology are driving the demand for eSIM solutions. Major players operating in the eSIM market include Deutsche Telekom AG (Germany), Gemalto NV (Netherlands), Giesecke & Devrient GmbH (Germany), Infineon Technologies AG (Germany), NTT DOCOMO, INC. (Japan), NXP Semiconductors N.V. (Netherlands), Sierra Wireless, Inc. (Canada), Singapore Consumer Electronics Limited (Singapore), STMicroelectronics (Switzerland), and Telefónica, S.A. (Spain).
The digital inspection market is expected to grow from USD 19.66 Billion in 2018 to USD 27.84 Billion by 2023, at a CAGR of 7.2% between 2018 and 2023. Some of the key factors driving the growth of this market are the growing adoption of industrial automation and technological advantages over traditional methods. Major players in the digital inspection market include General Electric (US), MISTRAS Group (US), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), Zetec (US), FARO Technologies (US), Basler (Germany), OMRON (Japan), Carl Zeiss (Germany), Mitutoyo (Japan), GOM (Germany), National Instruments (US), and Keyence (Japan). Key innovators in the market are iPromar (Singapore), FPrimeC Solutions (Canada), Shinning 3D Tech (China), Zebicon(Denmark), and SUALAB (South Korea).
The computer vision market is expected to grow from USD 10.9 billion in 2019 to USD 17.4 billion by 2024—growing at a CAGR of 7.8% during the forecast period. Major factors driving the market growth include increasing need for quality inspection and automation, growing demand for vision-guided robotic systems, rising demand for application- specific computer vision systems. Key players in the computer vision market include Cognex Corporation (US), Basler (Germany), Omron Corporation (Japan), KEYENCE CORPORATION (Japan), National Instruments (US), Sony Corporation (Japan), Teledyne Technologies, Inc. (US), Allied Vision Technologies (Germany), Texas Instruments, Inc. (US), Intel Corporation (US), Baumer Optronic (Germany), and JAI A/S (Denmark), MediaTek, Inc. (Taiwan), Cadence Design Systems, Inc. (US), CEVA, Inc. (US), and Synopsys, Inc. (US)
The overall HMC and HBM market is expected to increase from USD 922.7 Million in 2018 to USD 3,842.5 Million by 2023, at a CAGR of 33.02% between 2018 and 2023. The growing need for high-bandwidth, low power consuming, and highly scalable memories; increasing adoption of artificial intelligence; and rising trend of miniaturization of electronic devices are some of the factors driving market growth. Samsung (South Korea), Micron (US), SK Hynix (South Korea), Intel (US), and AMD (US) are the major players included in the report with ranking analysis. The report also covers various major contributors involved in the HMC and HBM market. Fujitsu (Japan), Xilinx (US), NVIDIA (US), IBM (US), and Open-Silicon (US) are the other important key companies in the HMC and HBM market. In addition, Arira (US), Cadence (US), Marvell (US), Cray (US), ARM (UK), and Rambus (China) are a few other companies involved in the market.
The overall interactive whiteboard market is estimated to grow from USD 4.12 Billion in 2017 to USD 5.16 Billion by 2023, at a CAGR of 3.69% between 2018 and 2023. The base year for this report is 2017, and the forecast period considered is between 2018 and 2023. The major factors driving the growth of the interactive whiteboard market includes the trend of gamification in education and corporate sectors, adoption of e-learning and digital classroom solutions, and increased funding from different governments to incorporate IWBs for various end users. Some major companies in the IWB market include Foxconn (Taiwan), Hitachi (Japan), Samsung Display (South Korea), LG Display (South Korea), Panasonic (Japan), NEC (Japan), Ricoh (Japan), Google (US), Cisco (US), Microsoft (US).
The flare monitoring market was valued at USD 760.4 Million in 2017 and is expected to reach USD 1,251.7 Million by 2023, at a CAGR of 8.24% between 2018 and 2023. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The report aims at estimating the market size and future growth potential of the flare monitoring market based on mounting method, industry, and geography. Major players in the global flare monitoring market include Siemens (Germany), ABB (Switzerland), FLIR Systems (US), Thermo Fisher Scientific (US), Honeywell (US), John Zink Company, LLC (US), LumaSense Technologies Inc. (US), Zeeco, Inc. (US), MKS Instruments (US), Land Instruments International Ltd. (UK), Eaton HERNIS Scan Systems AS (Norway), Fluenta (UK), Williamson Corporation (US), Extrel CMS, LLC (Pennsylvania, US), Providence Photonics LLC (US), Powertrol Inc. (US), and TKH Security Solutions (Netherlands).
The electric enclosure market is expected to grow from USD 6.15 Billion in 2018 to USD 7.91 Billion by 2023, at a CAGR of 6.27%. Key factors driving the growth of the electric enclosure market are the demand for Industrial Internet of things (IIoT) enabled enclosures, the growing demand for hygienic enclosures in food & beverages industry, and the adoption of intelligent transport systems (ITS) in the transportation vertical. Key industry players adopt organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, expansions, agreements, collaborations, joint ventures, and partnerships to drive the growth of the market. Rittal (Germany), Schneider (France), Pentair (UK), Emerson (US), Eaton (US), ABB (Switzerland), Hammond (Canada), and AZZ (US) are the major industry players in the electric enclosure market.
The instrument cluster market is estimated to be worth USD 9.02 Billion in 2018 and is expected to reach USD 10.72 Billion by 2023, growing at a CAGR of 3.5% between 2018 and 2023. The growth of this market can be attributed to the increasing vehicle production worldwide, stringent government regulations for vehicle and passenger safety across the globe, and increasing demand for instrument clusters from the APAC region due to the increase in sales of two-wheelers. Major players profiled in the instrument cluster market report are Continental (Germany), DENSO (Japan), Visteon (US), Nippon Seiki (Japan), Magneti Marelli (Italy), Aptiv (UK), Calsonic Kansei (Japan), Pricol (India), Robert Bosch (Germany), and Yazaki (Japan). The report also includes profiles of companies such as Alpine Electronics (Japan), Cypress Semiconductor (US), Dongfeng Electronic Technology (China), JP Minda (India), Luxoft (Switzerland), Mini Meters Manufacturing (India), NVIDIA (US), Panasonic Automotive (Germany), Parker Hannifin (US), and Stoneridge (US).
The industrial lifting equipment market was valued at USD 61.37 Billion in 2017 and is expected to reach USD 79.73 Billion by 2023, growing at a CAGR of 4.51% during the forecast period. Increasing demand for lifting loads in the shipping industry, growing demand for forklifts in warehouse and logistics segment, and rising demand for cranes and hoists in the mining industry are the key driving factors for the market growth. The industrial lifting equipment market was dominated by the key players such as Liebherr (Switzerland), Toyota Industries (Japan), KION Group (Germany), Terex (US), Columbus McKinnon (US), Linamar (Canada) and Oshkosh (US), KITO (Japan), Cargotec (Finland), Konecranes (Finland), Manitowoc (US), Hyster-Yale Materials Handling (US), Tadano (Japan), Ingersoll Rand (Ireland), Mammoet (Netherlands), ZPMC (China), XCMG (China), and Zoomlion (China).
The vertical lift module (VLM) market is expected to grow from USD 1,074.6 Million in 2018 to USD 1,679.6 Million by 2023, at a CAGR of 9.3% between 2018 and 2023. Key drivers for the growth of the VLM market include growing need to optimize warehouse floor space, benefits of deploying VLMs compared to standard shelving systems, rising warehouse rentals, and increasing focus on worker safety and security. The major players in the VLM market are Kardex (Switzerland), Haenel (Germany), System Spa (Italy), Ferretto (Italy), and ICAM S.r.l. (Italy).
The acoustic emission testing market is expected to be valued at USD 349.9 million by 2023, from USD 226.6 million in 2017, at a CAGR of 7.32% between 2018 and 2023. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The report profiles the most promising players in the market. The competitive landscape presents an interesting picture, where a large number of big and small players have become a force to reckon with. The key players in this market are TUV Rheinland (Germany), MISTRAS (US), TUV Nord (Germany), Parker Hannifin (US), TUV Austria (Austria), General Electric (GE, US), Acoustic Emission Consulting (AEC, US), Vallen Systeme (Germany), KRN Services (US), and Score Atlanta (US).
The global artificial intelligence (AI) in aviation market is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2025, at a CAGR of 46.65% between 2018 and 2025. Some of the key players operating in the AI in aviation market are Intel (US), NVIDIA (US), IBM (US), Micron (US), Samsung (South Korea), Xilinx (US), Amazon (US), Microsoft (US), Airbus (France), Boeing (US), General Electric (US), Thales (France), Lockheed Martin (US), and Garmin (US).
The artificial intelligence (AI) in marketing market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% between 2018 and 2025. AI in marketing market report are NVIDIA (US), Intel (US), IBM (US), Micron (US), Samsung Electronics (Korea), Xilinx (US), Amazon (US), Alphabet (US), Facebook (US), Microsoft (US), Salesforce (US), Baidu (China), Sentient Technologies (US), Albert Technologies (Israel), and Oculus360 (US). Some of the other key companies included in the report are Twitter (US), Oracle (US), InsideSales (US), Persado (US), Mariana (US), Drawbridge (US), Narrative Science (US), Appier (US), GumGum (US), and Zensed (Sweden).
The pre-shipment inspection market is expected to increase from USD 11.60 Billion in 2018 to USD 14.83 Billion by 2023, at a CAGR of 5.04% between 2018 and 2023. The growth of this market is mainly driven by the growing consumer spending and ongoing rapid urbanization in emerging markets, increasing incidents of product recalls across the world, and surging counterfeiting and piracy activities. SGS (Switzerland), Bureau Veritas (France), Intertek (UK), DEKRA (Germany), and Cotecna (Switzerland) are the major players included in the report with their market share analysis. The report also covers various innovators involved in this market. Cayley Aerospace (US), Guangdong Inspection (China), Asia Quality Focus (Hong Kong), Solarbuyer (US), AIM Control Group (Vietnam) are a few innovators in the market.
The global film thickness measurement market is valued at USD 370.6 Million in 2016 and is anticipated to grow at a CAGR of 4.9% to reach USD 521.9 Million by 2023. In terms of volume, the overall film thickness measurement market is estimated to register a shipment of 239.6 thousand units in 2016 and is likely to witness a shipment of 366.6 thousand units by 2023, at a CAGR of 6.1% between 2017 and 2023. Major players operating in the film thickness measurement market include ALTANA (Germany), Bruker (US), DeFelsko (US), Elcometer (UK), ElektroPhysik (Germany), Fischer Technology (US), Hamamatsu (Japan), HORIBA (Japan), Keyence (Japan), KLA-Tencor (US), Nanometrics (US), Otsuka Electronics (Japan), Rudolph Technologies (US), SCREEN Holdings (Japan), and Spectris (UK).
The acoustic microscopy market is expected to grow from USD 951.0 Million in 2018 to USD 1,241.2 Million by 2023, at a CAGR of 5.47% between 2018 and 2023. Factors driving the growth of the acoustic microscopy market includes safety regulations formulated by governments and international bodies, growth of various end-use industries, and increased funding for R&D in microscopy. Leading players operating in the acoustic microscopy market includes Sonoscan (US), Hitachi (Japan), PVA TePla (Germany), EAG Laboratories (US), NTS (US), Sonix (US), IP-holding (Germany), Insight K.K. (Japan), OKOS (US), MuAnalysis (Canada), Crest (Malaysia), Predictive Image (France), PicoTech (Israel), Acoustech Systems (US), and Accurex (India).