Increasing Demand for Interoperable Electronic Tolling Systems to Fuel Electronic Toll Collection System Market Growth During Forecast Period The toll collection systems projects involve a public-private partnership model where government agencies or state bodies usually decide the toll pricing. The objective of toll collection profoundly influences vehicle classification and dynamic pricing for multiple categories of […]
Drone Lithium Battery Market was valued at US$ 4.07 Billion in 2022 and is expected to reach to US$ 12.65 Billion by 2030; it is estimated to record a CAGR of 15.2% from 2020 to 2030
Significant Benefits Offered by Lithium Battery to Drone Drives Drone Lithium Battery Market Growth The adoption of drones in the defense, military, and civilian sectors is on the rise. Drones offer users increased effectiveness and ease of operation compared to manned aircraft. Battery-powered drones are already used for military, commercial, scientific, surveillance, recreational, and agricultural […]
Current Sense Amplifier Market was valued at US$ 3.66 Billion in 2023 and is expected to reach to US$ 5.97 Billion by 2030; it is estimated to record a CAGR of 7.2% from 2023 to 2030
The rising demand for strong connectivity across the world fuels the need for advanced telecommunication infrastructure. As telecom infrastructure serves as the foundation for modern digital economies, there is a growing need for its development. A strong telecom infrastructure can help governments of different countries at national and international levels to achieve economic growth, digital […]
Automated Guided Vehicles (AGV) Market was valued at US$ 4.53 Billion in 2022 and is expected to reach to US$ 11.84 Billion by 2030; it is estimated to record a CAGR of 12.7% from 2022 to 2030
Technological Advancements in AGVs to Fuel Automated Guided Vehicles (AGV) Market Growth During Forecast Period Technological advancements play a crucial role in the automated guided vehicle (AGV) market. As with many industries, AGV technology continues to evolve and improve, driven by innovations. AGVs rely on various navigation methods, including laser-based systems, magnetic tape, vision-based systems, […]
Rugged Servers Market was valued at US$ 632.81 Million in 2022 and is expected to reach to US$ 976.69 Million by 2030; it is estimated to record a CAGR of 5.6% from 2022 to 2030
The military forces are among the leading end users of ruggedized devices such as rugged computers, data centers, and portable electronics. The demand for ruggedized data centers and servers is growing at a noteworthy rate among the military forces due to the rough usage of the devices at various remote locations where the environment is […]
Terahertz Technology Market was valued at US$ 76.55 Million in 2023 and is expected to reach to US$ 318.13 Million by 2031; it is estimated to record a CAGR of 19.5% from 2023 to 2031
Rising Application of Terahertz Technology in Medical Industry Fuels China Terahertz Technology Market Growth In the medical sector, terahertz technology is constantly being utilized in applications such as chemistry, materials science, biomedicine, security screening, and communication. The exclusive properties of THz radiation are well-suited for medical and healthcare applications, particularly those that can stimulate low-frequency […]
Automatic Door Sensors Market was valued at US$ 1.47 Billion in 2023 and is expected to reach to US$ 2.40 Billion by 2031; it is estimated to record a CAGR of 6.3% from 2023 to 2031
Rapid Urbanization to Fuel Automatic Door Sensors Market Growth During Forecast Period As urban cities expand, there is a growing need for new buildings such as offices, shopping malls, hospitals, transportation hubs, and residential complexes. These structures often prioritize features such as convenience, accessibility, and energy efficiency, which are well-served by automatic doors with sensors. […]
Autonomous Mobile Robots Market was valued at US$ 1.40 Billion in 2022 and is expected to reach to US$ 8.72 Billion by 2030; it is estimated to record a CAGR of 25.7% from 2022 to 2030
Industry 4.0 transforms how companies manufacture, process, and distribute their products. They are incorporating new technologies such as the Internet of Things (IoT), robotics, analytics, AI, and machine learning into their facilities to boost operational and production efficiencies. Factory automation plays a crucial role in the automation of manufacturing processes to increase production output in […]
Automated Test Equipment Market was valued at US$ 6.1 Billion in 2022 and is expected to reach to US$ 10.6 Billion by 2030; it is estimated to record a CAGR of 7.2% from 2022 to 2030
Growing Need for High-Speed Testing Capabilities to Fuel Automated Test Equipment Market Growth During Forecast Period In a highly competitive scenario, the time-to-market of any product plays an extremely critical role. Less time-to-market for the product creates a higher possibility for the company to take a competitive advantage in the market. Product testing consumes an […]
Aircraft Wiring Harness Market was valued at US$ 2.36 Billion in 2022 and is expected to reach to US$ 3.99 Billion by 2030; it is estimated to record a CAGR of 6.8% from 2022 to 2030
Surge in Demand for MRO Services to Fuel Aircraft Wiring Harness Market Growth During Forecast Period The demand for airline maintenance, repair, and operations (MRO) services is increasing with the rapidly growing aviation industry over the past few years. Emerging economies are highly focused on extending MRO services to military as well as commercial aircraft […]