Future Market Insights
Future Market Insights Articles
Healthcare equipment makes up quarter of optical encoder demand
According to new research, rapid upsurge in adoption of absolute optical encoders in robotics is driving the growth of optical encoder market. Between 2019 and 2029, the global sales of optical encoders are projected for a robust hike at around nine percent CAGR, indicates a new research study.
Automotive repair and maintenance market to flourish
A new market intelligence report outlines the growth trails of the automotive repair and maintenance services market which is estimated to reach a value of ~$530bn in 2019. The demand for automotive repair and maintenance services has been gaining a boost from increasing vehicle age and poor quality of road infrastructure, especially in low- and mid-income countries.
Advanced gripping technology catalyst to market growth
A new market research study on the robotic gripper market contains global industry analysis 2014 to 2018 and opportunity assessment 2019-2029. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2019 to 2029.
What does the future hold for the lithium battery market?
A report explores the lithium and lithium ion battery electrolytes market and provides the reader analytical insights for the forecast period of 2019-2029. As per the findings of the report, the global lithium and lithium ion battery electrolytes market is projected to experience steady growth over the forecast period, due to multiple driving factors, such as increasing battery applications in automotive and consumer electronic manufacturing acti...
The turning point of the collaborative robots market
A report investigates the collaborative robots market and provides critical insights for the forecast period of 2019 to 2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial growth over the forecast period due to multiple driving factors such as, growing adoption of automation in end-use industry and reduction in labour cost coupled with high precision work and high regional deman...
Interior innovations favouring the automotive load floor market
The global automotive load floor market was valued at two billion dollars in 2018 and is projected to increase at a CAGR of five percent during the forecast period of 2019 to 2029.
Power management integrated circuit to grow at 6.4% in 2019
The Power Management Integrated Circuit (PMIC) market surpassed value worth $20.9bn in 2018, as per a study. The market is projected to grow at 6.4% y-o-y in 2019 and key factors responsible for the projected growth of the market include, rising sales of smart devices across the globe, growing energy harvesting initiatives, introduction of compact and high efficiency PMICs and on-going industrial automation and vehicle electrification.
Automotive lighting manufacturers shifting strategic focus
According to a study, worldwide sales of automotive lighting reached two billion units, equating a value of $36.5bn in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the sales of passenger cars.
Automakers invest in interior ambient lighting systems
A recently published report suggests that the sales of automotive interior ambient lighting systems reached ~2.7 million units in 2018, equating the revenues worth $28bn. As fuel efficiency, low emission, and high performance can no longer suffice the evolving vehicle selection criteria of consumers, automakers continue to face pressure of implementing multifaceted strategies.
Electronic skin market predicted a 20.7% growth this year
With the global revenue estimated at over $500m, electronic skin (e-skin) market is projected to see an aggressive Y-o-Y growth at 20.7% in 2019, according to a study. Thriving as a niche marketplace currently in its nascent stage, electronic skin market will reportedly remain a high growth-low value landscape.
Automotive control cable sales soar as regulatory framework tightens
A new market research study on the automotive control cable market contains global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the automotive control cable market and provides critical insights for the forecast period of 2019-2029.
LED technologies gathering traction in automotive light bars market
In 2014, the global automotive light bars market was pegged at $664.3m. It is expected to be valued at over $800m at the end of 2019. The automotive light bars market is expected to grow at a CAGR of more than five percent during the projected period of 2019 to 2029, and reach a value of nearly $1,400m by 2029 end.
Global SATS market revenue to expand at 4.7% CAGR
The global semiconductor assembly and testing services (SATS) market was valued at $27.7m in 2016, and is expected to register a CAGR of 4.7% from 2017 to 2027. Growing demand of consumer electronics, increasing integration of electronics and connectivity in automotive are major factors driving growth of the global semiconductor assembly and testing services (SATS) market.
Consumer electronics boosts demand for electromagnetic relay
The market for safety sensors and switches in ASEAN countries is likely to grow by more than eight percent, yearly, in 2019. As depicted in a new research study, adoption of safety sensors and switches across the ASEAN industries will be prominently driven by those based in Indonesia, Malaysia, and Thailand.
Photonic sensors market to rise at a CAGR of 7.2% by 2026
Key insights on the global photonic sensors and detectors market have been delivered by Future Market Insights in a new report titled ‘Photonic Sensors and Detectors Market: Global Industry Analysis & Opportunity Assessment, 2016-2026’. The global photonic sensors and detectors market was valued at $22.5bn in 2015 and is expected to register a CAGR of 7.2% during the forecast period (2016–2026).
Aggressive growth predicted for electronic skin market
The $500m electronic skin (e-skin) market is projected to see an aggressive year on year growth at 20.7% in 2019, according to a study. Thriving as a niche marketplace currently in its nascent stage, the electronic skin market will reportedly remain a high growth-low value landscape.
Engine downsizing to optimise vehicle performance
Automotive turbochargers use the exhaust gases to drive a turbine, which leads to more fuel burning as the air compressor pushes extra oxygen or air into the cylinder. Automotive turbochargers help in achieving better fuel efficiency by increasing the pressure of the air coming in the engine.
Automotive sensors market expected to reach $39bn by 2028
Future Market Insights (FMI) has published a new report on automotive sensors, titled 'Automotive Sensors Market: Global Industry Analysis, 2013-2017 and Opportunity Assessment, 2018-2028'. With the growing focus of automakers on integration of automotive with advanced sensors, the demand for automotive sensors will continue to increase.
Wearable sleep trackers market expected to continue to grow
In its upcoming report titled ‘Wearable Sleep Trackers Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028’, Future Market Insights aims to deliver key insights on the global wearable sleep tracker market.