The ePassport Market Expanding at a CAGR of 22.9%, the global ePassport industry is projected to increase from a valuation of US$ 41.9 Billion in 2022 to US$ 144.4 Billion by 2028. The local data structure (LDS) format, traditionally employed in ePassports, have been witnessing changes recently. With the International Civil Aviation Organization (ICAO) working on new …
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I/O-Link Market is Anticipated to Expand US$ 12,285.9 Million by 2027 | Report by Future Market Insights, Inc.
The I/O Link Market is set to experience significant growth of 15.8% CAGR from 2022 to 2027, with an estimated I/O Link industry value of US$ 5,896.8 Million as of 2022 & US$ 12,285.9 Million by 2027. Rapidly growing industrial communication space with industrial IoT Increasing industrial adoption of Ethernet solutions over Fieldbus Government initiatives to promote …
China is predicted to register a CAGR of 9.8% in the Starter Cultures Market from 2023 to 2033
The worldwide sales of starter cultures, which were previously estimated to be worth around US$ 1,123.1 million in 2022, are now expected to boost up. Currently, in the year 2023, the global Starter Cultures Market value is figured out to be around US$ 1,191.6 million. Further, it is expected to develop with a higher average …
Base Station Analyser Market : Notable Developments & Geographical Outlook 2027
Global deployment of base station analyser will represent over 200 (‘000) units in 2019 due to continued demand from the IT and telecommunication industries. A recently published research report evaluating the base station analyser environment estimates it to be just over 5% per year. About $1 billion in market revenue increased over what was achieved in 2018. While the …
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Motor Control IC Market to Hit US$ 6,344.2 Million by 2027 | Says Future Market Insights, Inc.
Motor Control IC Market is anticipated to grow at a CAGR of 5.2% during 2022-2027, with the valuation reaching US$ 6,344.2 Million in 2027. The motor control IC can be subcategorized into 32-bit embedded power motor control ICs, intelligent motor control ICs and digital motor control ICs. Motor control ICs are used in industries such as …
Industrial Agitators Market Size to Reach US$ 3.24 Billion by 2027 | Report by Future Market Insights, Inc.
The Industrial Agitators Market is predicted to expand at an impressive CAGR of 8.6% to attain a net worth of US$ 2.15 Billion in 2022 and US$ 3.24 Billion by the end of 2027. “Agitators are used across a host of end-user industries, such as pharmaceutical and biotech, food and beverages, oil and gas, coatings and paints, adhesives and sealants, and brewing and …
In Vitro Diagnostics Market is projected to cross a value of US$ 129.9 Billion by 2033 at a CAGR of 4.8%
The In Vitro Diagnostics Market is likely to thrive at an average CAGR of 4.8% between 2023 and 2033. The market is anticipated to cross a market share of US$ 129.9 billion by 2033 while it is valued at US$ 81.3 billion in 2023. Advanced medical science and complex diseases are fueling the demand for …
Disaster Recovery-as-a-Service Market Size to Reach US$ 75.22 Billion by 2030 | Report by FMI
The Disaster Recovery-as-a-Service Market is currently valued at USD 75.22 Billion in the year 2030, likely to surge at a vigorous 24.8% CAGR during the examination period 2022 – 2030. With the rising cases of cybercrime in recent years, the demand for the disaster recovery-as-a-service (DRaaS) market is surging exponentially. Steered by the rapid penetration of the …
Encoder Market Size/Share Worth US$ 3.95 Billion by 2030 at a 7.7% CAGR | Future Market Insights, Inc.
The Encoder Market is expected to witness moderate growth, registering a 7.7% CAGR during the forecast period (2022 – 2030). The Market is projected to reach US$ 2.17 Billion in 2022 and US$ 3.95 Billion by 2030. Key Takeaways of Encoder Market Study The optical sensing encoders segment is expected to witness a notable growth rate, owing …
RF Power Semiconductor Market Key Players, End User, Demand and Consumption by 2027
Rapid advancements in the telecommunications and electronics industries are boosting global market demand for RF power semiconductors. RF power semiconductors are critical in ensuring bandwidth and functionality enhancement as well as reducing production and development costs of network infrastructure and consumer electronic devices. Future Market Insights (FMI) has studied the various factors impacting adoption of RF power …