The beacon technology market anticipated to register a revenue of $45,213.7 million by 2026, increasing from $504.7 million in 2018 at a CAGR of 75.4%. The beacon is a wireless, transmitter device that uses low-energy Bluetooth technology to send signals to another smart device. Beacons are simple devices consisting of three parts like the radio, CPU (central processing unit), and batteries, whic...

According to global collaboration robot (cobot) market analysis by Research Dive, the global market size was over $559.5 million in the 2018, growing at a rate of 41.2% CAGR and is predicted to account for $8,840.5 million till 2026. A collaborative robot is also termed as intelligent assist device or cobot and is especially intended for the interaction between human and robots in a shared space. ...

The size of the global 3D Sensor Market was over $1,464.6 million in 2018 and is estimated to account for $11,276.8 million by the end of 2026 and at a 28.0% CAGR. Market Definition: 3D sensing is a deep detecting technology, that can measure depth (range or distance) of any object by illuminating the target with a light source. 3D sensors are widely used in several applications such as augmented ...

The mini light emitting diode (LED) market size accounted for more than $23.7 million in 2018 and is estimated to witness a lucrative growth of over 85.6% during the forecast period. Growing demand for mini LED majorly in the television applications is anticipated to drive the global mini LED market during the projected time frame. The growth is majorly due to enhanced visibility that is provided ...

The smart mirror market forecast to increase at a CAGR of 9.5% by generating a revenue of $4,415.4 million by 2026. Market Definition: Smart mirror is a highly advanced mirror with a multiple inbuilt smart functions in it. Smart mirror has the capability to display multiple data like images videos and texts. Despite of that it has the ability to showcase the user the different types of data in the...

Global lithium niobate modulator market will be $36,711.3 million by 2026, at a 24.0% CAGR, increasing from $6,568.0 million in 2018. Market Definition: Lithium niobate is a complex of lithium, niobate and oxygen. lithium niobate single crystals are significant material for piezoelectric sensors, mobile phones, optical modulators and optical wave guides. The lithium niobate modulators are consider...

Industrial Machine Vision Lens Market is predicted to generate a revenue of $9,537.4 million by 2026 with a CAGR of 6.1% over the forecast period. Industrial Machine Vision Lens are a form of technology that would allow a computer system to examine, analyze and recognize objects or items which are in motion. The images taken by these lenses are mostly used for work guidance and security monitoring...

The global epitaxial wafer market for compound semiconductor size was $2.65 billion in 2019, and is projected to reach $7.27 billion by 2027, growing at a CAGR of 13.2% from 2020 to 2027. A compound semiconductor epitaxial wafer is made up of epitaxial growth (epitaxy) to be used in photonics, microelectronics, spintronics, and photovoltaic, among others. The epitaxial layers define the wireless, ...

The Asia-Pacific & Middle East mobile phone accessories market was valued at 117.8 billion in 2019, and is projected to reach $154.8 billion by 2027, registering a CAGR of 3.6% from 2020 to 2027. Rapid technological development of mobile phones in the twenty-first century has led to its adoption as a utility used for day-to-day tasks such as alarm, task reminders, remote controlling appliances, an...

The global streaming devices market size was valued at $8.00 billion in 2018 and is estimated to reach $18.97 billion by 2027, growing at CAGR of 13.2% from 2019 to 2027. Streaming is a technology which is used to deliver content to various devices such as computers, laptops, tablets and mobile devices through the internet. Streaming transmits data by usually two means that is audio and video. In ...

The global head-up display market was valued at $6.0 billion in 2019, and is projected to reach $19.1 billion by 2027, registering a CAGR of 20.1% from 2020 to 2027. A head-up display is a semi-transparent screen played above cockpit in aircrafts or infotainment dashboard in cars in the direction of the forward view that displays the cars’ or flights’ parameters, allowing the users’ to keep ...

Increase in incorporation of automation in different industries has revolutionized manufacturing in which complex operations such as positioning, identification, verification, measurement, and flaw detection can be easily conducted with utilization of machine vision systems. Inefficiency of human workers to perform tasks with perfection has made machine vision systems more attractive. Machine visi...

The global soil moisture sensors market was valued at $215.8 million in 2019 and is projected to reach $411.2 million by 2027, registering a CAGR of 9.1% from 2020 to 2027. Soil moisture sensor is an agricultural equipment, which is connected to an irrigation system controller for measuring the soil moisture content in the active root zone before each scheduled irrigation event so as to bypass the...

Organic electronics are unlike conventional inorganic semiconductors, organic electronic materials are architecture using organic (carbon-based) polymers or molecules using artificial technology developed in the context of organic & polymer chemistry. The organic electronics use various material such as semiconductor material, conductive material and dielectric & substrate material for constructio...

The Europe 5G infrastructure market was valued at $359.3 million in 2019, and is projected to reach $42,705.8 million by 2027, registering a CAGR of 85.1% from 2020 to 2027. Numerous factors make the 5G era distinctive. For instance, government institutions of the UK are continuously striving for the progress of 5G with new spectrum allocations and working on the infrastructural deployment. In add...

An electron microscope is a scientific imaging instrument that utilizes a beam of accelerated electrons as a source of illumination. As the wavelength of an electron can be much shorter than that of visible light photons, electron microscopes provide higher resolving power than light microscopes and can reveal the structure of smaller objects with high-quality imaging. These microscopes are used ...

The global UV LED market size is expected to reach $1.71 billion by 2027 from $0.35 billion in 2019, growing at a CAGR of 21.7% from 2020 to 2027. The UV LED includes various technologies such as UV-A, UV-B, and UV-C, which are used to fabricate LEDs for water purifiers, air purifiers, surface purifiers, sterilization, curing, indoor gardening, and others. The UV-A technology accounts for the la...

The global acoustic emission equipment market was valued at $108.0 million in 2019 and is projected to reach $130.8 million by 2027, registering a CAGR of 3.2% from 2020 to 2027. Acoustic emission monitors the transient stress waves within a material, caused by rapid release of localized stress energy. On subjecting to external stimulus, a structure triggers localized sources within the material t...

The global VCSEL for data communication market size is expected to reach $358.41 million by 2027 from $120.52 million in 2019, growing at a CAGR of 13.54% from 2020 to 2027. Vertical Cavity Surface Emitting Lasers (VCSELs) are widely used in data communications since the last two decades. There are a host of emerging applications that are boosting demand for VCSEL production and performance. Data...

The 5G technology return on investment market was valued at $2.0 billion in 2020 and is projected to reach $320.1 billion by 2026, registering a CAGR of 132.8% from 2020 to 2026. 5G technology is the next generation of wireless communication technology. 5G technology networks are anticipated to allow telecom providers to expand consumer services such as video streaming, virtual reality application...

Explosive detectors are non-destructive inspection devices that help its users detect explosives and other flammable materials. These devices are commonly used at airports, seaports, borders of countries, and in structures such as the government buildings. The detection of explosives at airports, land borders, and seaports is an essential task to prevent terrorism and organized crime. Increase in...

The global & Asia-Pacific radar market size was valued at $32.56 billion in 2019, and is projected to reach $49.43 billion by 2027, to register a CAGR of 3.80% from 2020 to 2027. Radar is an electronic system, which measures the range and behavior of objects by transmitting an electromagnetic pulse at the object. High-power radar using large dish antennas has been used to measure distances to the ...

The global smart sensor market was valued at $89.9 billion in 2019, and is projected to reach $212.9 billion by 2027, registering a CAGR of 11.1% from 2020 to 2027. The compound semiconductors market holds a substantial scope for growth in the global market. Currently, it is in its growing stage; however, its contribution to the global market is expected to witness significant growth within the ne...

The global operating room integration market size was valued at $1.77 Billion in 2019, which is projected to reach $4.19 Billion by 2027, growing at a CAGR of 11.4% from 2020 to 2027. Operating room integration (ORI) is designed to streamline the operating room by consolidating data, providing access to audio & video and controls for all devices at central command station, and allowing the surgeon...

The global microcontroller market size was $16.49 billion in 2019 and is projected to reach $42.19 billion by 2027, to register a CAGR of 11.50% during the forecast period. A microcontroller is a compact integrated circuit, which is designed to manage a specific operation in an embedded system. A typical microcontroller includes a processor, memory, and input/output (I/O) peripherals on a single c...

The global telecom electronics manufacturing service market size is expected to reach $209.17 billion by 2027 from $137.37 billion in 2019, growing at a CAGR of 6.50% from 2020 to 2027. An electronic manufacturing services company (EMS) is significantly important, if in need of professional help in designing, testing, building, and delivering, implementing aftermarket support for electronic produc...

Flip chip, also known as controlled collapse chip connection (C4), is used for interconnecting semiconductor devices, such as IC chips, microscopic devices, micro sensors, and microprocessor to external circuitry while utilizing deposited solder bumps onto the chip pads. Use of flip chip interconnections offers numerous advantages over conventional wire bond, which includes superior thermal & elec...

Automated Fare Collection System (AFCS), also known as electronic fare collection system, is an automated system that helps public transit operators to trace and account the revenue and provide a convenient way of fare payment instead of cash. The global automated fare collection system market includes technologies such as smart cards, Near Field Communication (NFC), Optical Character Recognition ...

The global supercapacitor market size is expected to reach $16.95 billion by 2027 from $3.27 billion in 2019, growing at a CAGR of 23.3% from 2020 to 2027. Supercapacitor is a new energy storage technology that is developed heavily in modern times to provide significant industrial and economic advantages. In addition, supercapacitors store energies in their electric field, but in case of batterie...

The global interactive kiosk market size was valued at $14.76 billion in 2018, and is projected to reach $32.51 billion by 2027, growing at a CAGR of 9.1% from 2020 to 2027. Interactive kiosk is a standalone booth that enables retail, banking, and other industries to provide information about transaction processes. Interactive kiosk is more flexible and allows organizations to adjust without incur...