Sensor market is anticipated to reach nearly $6,404.2M by 2032
According to the most recent analysis released by Fact.MR – a market research and competitive intelligence provider, the global current sensor market is anticipated to grow at a CAGR of just over 9.6% over the anticipated years, reaching a market value of $ 6,404.2 million by the end of 2032.
Fact.MR analyses demand for electric tractors market
The global market for electric tractors at present valued at $94.04 million in 2022.
Packaging automation solution market to hit $155bn
The global packaging automation solution market is set to reach $155 billion by 2033, expanding at 7.5% CAGR from 2023 to 2033.
Demand for drone services to increase
The global drone as a service market is expected to reach a valuation of $6,629.4 million in 2023 and is expected to reach a valuation of $25,231.1 million by 2033. The market will witness a growth rate of 15.3% for the next 10 years.
Solar powered drones market to accumulate $3,803.4 million by 2033
According to Fact.MR, the global solar powered drones market will likely reach a valuation of $1,017 million in 2023 and is expected to grow at a CAGR of 14.1% during the forecast years of 2023-2033.
EVs expected to reinforce the demand for silicon carbide
As per a report published by Fact.MR, the global silicon carbide market is poised to grow at a CAGR of 17% from 2022 to 2032.
The LIDAR sensor market estimated value of $5.6B By 2031
As per a report by Fact.MR, the global LiDAR sensor market is anticipated to be valued at $5.6b by 2031, expanding at an impressive CAGR of 12.5% over the forecast period of 2021 to 2031.
3D body scanners market to top valuation of $264Mn by 2027
This Fact.MR study currently places the global 3D body scanners market at $131.5mn. Over the next five years, worldwide sales of 3D body scanners are estimated to increase at an astronomical CAGR of 14.9%.
IoT Fleet management industry projected global market size of $22.2bn by 2032
The global IoT fleet management market is expected to value $22.2bn in 2032, against $7.3bn in 2022. The industry is likely to flourish at a CAGR of 11.5% during the forecast period from 2022-to 2032.
Electronic grade silicon swiftly advancing in semiconductor industry
According to Fact.MR, a market research and competitive intelligence provider, the global electronic grade silicon market is valued at $3.8bn and is expected to progress at a CAGR of 5.8% through 2032.
Electronic design automation market expected to exceed $28.6bn by 2032
The global electronic design market was estimated at $12.5bn in 2021 and is anticipated to grow by 8% year over year to reach $13.5bn in 2022.
ETMM market to reach $5bn valuation by 2032
At present, the global electronic thermal management materials (ETMM) market stands at a valuation of $2.22bn. Expanding at a CAGR of 8.4% from 2022 to 2032, the market is estimated to reach $ 4.96bn by 2032.
Agricultural drones market report announced
An increase in automation and attention to detail given by drones in agriculture is one the main reasons that farmers are adopting such UAVs. Fact.MR introduces its report into this increase in drone-based farming.
Europe's EV battery market will have an estimated $10.3 billion value by 2032
Sales of electric vehicle batteries in Europe are valued at $5.8 billion in 2022. The Europe electric vehicle battery market is predicted to rise at 5.9% CAGR to exceed a valuation of $10.3 billion by end of 2032.
Drone market estimated at $279bn by 2032
According to Fact.MR's latest analysis, the drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, anticipated to reach $279bn.
Opportunities for high power RF amplifier shipments
As per the recent published report by a market research and competitive intelligence provider, the global high power RF amplifier market exceeds a valuation of $4.6bn at present, and is slated to accelerate at a CAGR of 12.3% over the forecast period of 2021 to 2031.
55% of automotive transmission systems sales accounted for by gasoline vehicles
ESOMAR-certified market research and consulting firm predicts the global sales of automotive transmission systems to exceed US$ 70 bn, registering a CAGR of 6.3% through the assessment period 2021-2031. Governments across the globe are contributing a massive share in fuelling the expansion of the automotive transmission system market by setting stricter regulatory norms regarding vehicular emission control.
Portable generators uptake to contribute to $50m in commercial setting by 2031
ESOMAR-certified market research and consulting firm, Fact.MR, establishes that the global portable generators market is expected to be valued at $850m in 2021, reflecting a CAGR of 6.5% over the upcoming decade (2021-2031).
Aircraft refurbishment market analysis
According to the latest studies, the global aircraft refurbishing market is valued at $4.2m in 2021 with stable long-term projections. The report estimates the market to expand at around 5.8% CAGR from 2021 to 2031.
Demand for wireless ultrasound devices driven by rising birth rates
As per a new report published by a market research and competitive intelligence provider, the global wireless handheld ultrasound devices market is likely to add revenue at a CAGR of around 16% and surpass $2.9bn valuation by 2031.