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The swift changes in the manufacturing sector are estimated to motivate the hazardous area equipment market in 2020. The semiconductor and electronics reports are made by Market Research Future, which includes market options for progress. A USD 8.48 Billion income is predicted to be attained at a 7.2% CAGR by 2023.
The use of these Bluetooth smart and smart ready technologies has resulted in significant growth in the industry. Its popularity comes solely from its ability to save energy. The low power requirement features also contribute to the industry's predicted growth in the coming years. These market drivers are also driven by the increasing demand for electronic gadgets and consumer wearable products.
Ball valves are shut-off valves that use a ball for stopping or starting the flow of water. Its small size, tight sealing, and quick turn on and off capability has led to its application for controlling liquids and gases in vents and drains. The global ball valves market report by Market Research Future (MRFR) covers the applications of ball valves as well as its prospects for the period of 2017 to 2023 (forecast period) by its historical analysis and current economic scenario.
Increased demand for surveillance has led to the unparalleled growth levels in the mobile video surveillance. Market Research Future, a firm which specializes in market reports related to the information and communication technology sector among others, recently published a report on this market. The mobile video surveillance market is growing rapidly with a 14% CAGR and is expected to reach at approx. USD 27 billion by the end of forecast period.
The massive MIMO market witnesses a steady growth. The market growth attributes to the growing adoption of Massive MIMO (multiple inputs multiple outputs) to push the technological and environmental limits of incumbent 5G distributed digital equipment. Besides, the rising implementations of new and improved software in communication networks to increase the data transfer speed and efficient network connectivity drive the market growth.
The Moisture Analyzer Market is estimated to grow at a CAGR of 3.9% and reach a value of USD 1,571.4 Million by the end of the forecast period. Moisture analyzers are becoming more popular for determining the humidity and temperature of components and industrial products. The main reasons for measuring moisture content are to increase the product?s shelf life, quality, and raw material optimization, among other things. As a result of the potential benefits and improvements in the Moisture Analyzer sector, the market for Moisture Analyzer is predicted to increase.
The global Smart Irrigation Market is expected to grow at a CAGR of over 14.7% and is expected to reach USD 2,641.8 Million by the end of the forecast period. The systems use controllers, sensors, and meters to automate the irrigation system and monitor weather, soil, and water conditions. They are efficient, data-driven, and cost-effective.
Power modules are used in a variety of sectors to offer a containment unit for many power components, most commonly semiconductor devices, that are utilized to regulate the flow of current within electronic devices. Medical devices, automotive, industrial applications, as well as communication infrastructure are just a few examples of where power modules are used.
An interactive kiosk is a self-service device, or a computer terminal deployed in the public sector. It helps users interact with digital content and information through a user-friendly interface. Interactive kiosks are used for retail sales, bill payment, wayfinding, information sharing, and tourism. These kiosks are used in multiple application areas in the healthcare and travel industries, as they help obtain personal information easily from the users.
Automated storage and retrieval system is an inventory management system used in manufacturing centers, warehouses, and distribution facilities. It consists of a variety of computer-controlled systems for placing and retrieving loads automatically from one place to another. These systems are specially used in high-volume loads that are transported from one location to another.
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