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The global 3D printing market is anticipated to expand at a CAGR of 20.4% between 2021 and 2031, finds Future Market Insights (FMI) in a study. With growing adoption of advanced solutions and development of new business models following industry 4.0, countries in Asia Pacific and Europe, such as India, China, Italy, and France are expected to …
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Optical Networking Market is anticipated to progress at a high CAGR of 8.4% to reach a valuation of US$ 24.8 Bn by 2029. The report opines that Asia Pacific excluding Japan (APEJ) will remain a significant market for optical network providers, owing to strong growth prospects of 5G technology among mobile network operators in the region. …
Fire Alarm Systems Market is slated to increase at a CAGR of 5.8% to reach a valuation of US$ 33,521 Mn by 2029. The commercial and residential construction sectors now have to follow strict government safety standards and regulations regarding fire alarm systems and fire safety components. Modern systems have advanced capabilities as compared to the older, basic …
Micro-electromechanical System (MEMS) Market is projected to surge at an impressive CAGR of 10.2% (2022-2029), And is anticipated to reach US$ 28.4 Bn by 2029. Micro-electromechanical systems offer significant benefits such as time-efficient, effective power consumption, and reduced weight as compared to traditional macro systems for mechanical and electrical functions. These benefits make MEMS-based devices more attractive …
Advanced Distribution Management Systems Market is forecasted to reach US$ 12,102.0 Mn by 2029 and exhibit a remarkable 20% CAGR between 2022 and 2029. Advanced distribution management systems have significantly benefitted users looking for efficient data security, higher reliability, improved power distribution, and flexibility in restoring normal functions after a natural disaster. These systems provide …
Contract Lifecycle Management Market is expected to reach ~US$ 2,413.9 Mn by 2029, growing at a CAGR of 12.2% for 2022 – 2029. According to the report, an increased focus on identifying risks, predicting trends and gaining insights into client behaviours is contributing to the growth of the contract lifecycle management market through 2029. Integration …
Motion Control Software in Robotics Market is anticipated to grow at an impressive CAGR of 19.6% between 2022 and 2029, surpassing a valuation of US$ 37.86 Bn by 2029. With automation and robotics gradually taking over industries, the focus is now shifting towards robotics software. It is believed that innovation in software can take robotics …
Level Sensor Market size is expected to reach US$ 6.4 Bn by 2029, at a CAGR of 6.3% during 2022-29. Market gains are further estimated to be underpinned by a slew of factors, with some of the being smart level sensor application and sheer proliferation of advanced industrial technologies. The growing demand for intelligent devices, which …
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GaN Micro-LED Market value ~US$ 7,383.0 Mn by 2029, registering at a CAGR of 46.3% during 2022-29. GaN micro-LED has been in the analysis laboratories for years, and the launch of Samsung’s Micro-LED displays, featuring self-emissive technology and modular capabilities, left consumers curious about the emerging technology. FMI report predicts that GaN micro-LED will soon …
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Oracle Services Market is poised to increase at a CAGR of 14.4%, reaching US$ 35.4 Bn by 2029 from US$ 13.8 Bn in 2022. The research study opines that demand for cloud services among enterprises continues to see a significant uptick, with some of the key reasons being complex workloads, increased server functionality, and high component …
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