Future Market Insights (FMI) projects the fiber optic gyroscope (FOG) market demand outlook to remain positive, with sales predicted to surpass US$ 1,413.2 Mn by 2021. Continued use in military and defense applications for missile flight control, dynamic GPS tracking, and ground detection will enable year over year growth at 6.5% in the market in 2021. Advantages in terms of cost, reliability, and complexity …
Category Archives: Technology Trends
Radar & LiDAR Technology for Railways Application Market to register a CAGR of 9.6% by 2031
By 2031, the market for radar and LiDAR technology used in railway applications is projected to be worth US$4.98 billion. Rising investment in the creation of autonomous railway systems along with rising demand for radar and LiDAR technology sensors in nations like India and Indonesia are projected to propel the market. Rail applications heavily rely on radar …
Marine Communication Market to Surpass US$ 9,351.4 Mn by 2032: FMI Report
According to the marine communication market analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 7.8% from 2022-2032. The report also forecasts that the market will surpass a valuation of ~US$ 4,420.7 Mn by the end of 2022. The international maritime industry consists of a global web …
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Semiconductor Wafers Market is predicted to increase at 5.7% CAGR by 2030 | Future Market Insights, Inc.
The global market for semiconductor wafers is currently valued at US$ 20.19 billion and is expected to grow at a CAGR of 5.7% to reach US$ 31.41 billion by the end of 2030. In 2021, sales of semiconductor wafers represented 12% of the worldwide semiconductor market. The semiconductor wafer, which continues to be a crucial component of …
Visitor Management System Market to Witness Stunning Growth by 2031
The global market for visitor management systems is expected to reach US$ 1.20 billion by 2021, according to Future Market Insights. (FMI). The adoption of visitor management systems is rising due to the demand for paperless operations in enterprises. Visitor management software speeds automatic check-in and automatically registers the data, eliminating the need for logbooks and registers. …
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DC Powered Servers Market Scope of Current and Future Industry 2030
The global DC powered servers market report published by ESOMAR-certified Future Market Insights (FMI) estimates a healthy growth trajectory, expecting the market to reach US$ 3.2 Bn by 2030. Demand is largely underpinned by mushrooming developments across the global 5G infrastructure and cloud computing domains respectively. As the world’s internet infrastructure made significant strides, opportunities abound in …
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Security Inspection Market is to grow at 4.3% During the Forecast Period 2022 to 2030
Companies Profiled in Security Inspection Market are Leidos, Nuctech Company Limited, Smiths Group plc., Rapiscan Systems (OSI Systems, Inc.), EAS Envimet Analytical Systems, C.E.I.A. SpA, Bruker, Unival group GmbH, ADANI, Analogic Corporation, Gilardoni S.p.A., Garrett Metal Detectors, Autoclear, LLC, VOTI Detection Inc., Astrophysics Inc., Safeway Inspection System Limited, Rohde & Schwarz, Liberty Defense, Passive Security …
Storage as a Service Market is to grow at 16.4% During the Forecast Period 2020 to 2030
As data syncing, sharing, collaboration, and accessibility across smartphones and other devices become easier, Future Market Insights predicts that the global Storage as a Service Market will expand at an amazing CAGR of 17% during the forecast years of 2020 and 2030. Storage as a Service (STaaS) has grown quickly in recent years as businesses look at …
Flight Simulator Market is to grow at 5% During the Forecast Period 2020 to 2030
The market for flight simulators is anticipated to expand steadily between 2020 and 2030, driven mostly by their use in civil and military & defence applications. According to a recent Future Market Insights (FMI) analysis, revenues from the worldwide flight simulator market are expected to increase by 1.5X throughout the projected period, with rising Asian economies holding …
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Digital Inverter Market is to grow at 7.1% During the Forecast Period 2017 to 2027
The global market for digital inverters is anticipated to have phenomenal growth throughout the forecast period, according to Future Market Insights. Since 2012, the global market for digital inverters has been expanding steadily. This study predicts that between 2017 and 2027, the global market for digital inverters will expand at a strong CAGR of 7.1%. In 2017, …