The human machine interface (HMI) market for manufacturing industry is projected to grow at a CAGR of 7.84% to reach US$2,711.321 million by 2024, from US$1,723.390 million in 2018. HMI devices allow for rapid gathering of data and a centralized control system platform. The rapidly rising investments and projects towards the implementation of factory automation and streamlining of the manufacturing process are the prominent reasons driving the demand for HMI devices in the manufacturing indus Read more...
The Human machine interface (HMI) market for Oil and Gas industry was valued at US$360.423 million in 2018 and is estimated to grow at a CAGR of 5.37% to reach a market value of US$ 493.390 million by 2024. Human Machine Interface (HMI) refers to the graphical interface that is between the process and the operator. In oil and gas industry, it is essentially an operator’s dashboard that helps to coordinate and control industrial process and machines. The demand for HMI’s are spurrin Read more...
The industrial gas market for flat panel display is projected to grow at a CAGR of 4.46% to reach a markt size of US$684.666 million in 2024 from US$526.844 million in 2018. Displays have become an indispensible part of human life. They have become the primary communication and information portal in the day to day life, like in wearables, appliances, automobiles, etc. Gases are filled at either end of the display, which sends an electrical charge, thereby transforming into a physical state kno Read more...
LiDAR for Topography and Meteorology market is projected to grow at a CAGR of 19.31% during the forecast period, reaching a total market size of US$6.639 billion in 2024 from US$2.302 billion in 2018. LiDAR techniques are used in water vapor, temperature, and pressure measurement applications. Increasing demand from defense and weather forecasting sectors are driving the market. Surging demand of these LiDARs from oil & gas, mining industry, and transportation & logistics sectors is al Read more...
UV LED Curing market is projected to grow at a CAGR of 11.35% during the forecast period, reaching a total market size of US$166.402 million in 2024 from US$87.296 million in 2018. UV curing systems is a photochemical process in which high-intensity ultraviolet light is used to instantly cure or dry the inks, adhesives or coatings. The UV curing process is based on a photochemical reaction, using light instead of heat. UV LED Curing is one of the types of UV curing. UV LED Curing generates low Read more...
The 3D printing slicer software market is projected to grow at a CAGR of 21.77% during the 2018 - 2024 forecast period. 3D printing slicer software converts the 3D model into thin slices, which a 3D printer can follow to manufacture the object, thus making it a crucial software for 3D printing. The demand for 3D printing slicer software is estimated to increase over the forecast period on account of rising integration of 3D printing across multiple end user industries. However, piracy concerns Read more...
The 3D Printing CAD software market is projected to grow at a CAGR of 25.12% during the 2018 - 2024 forecast period. the CAD software or the computer-aided design and drafting (CADD) helps to draft and edit the 3D model with solids, surfaces and mesh objects which uses point and contour data to crete the models. The demand for 3D printing CAD software is estimated to increase over the forecast period on account of rising integration of 3D printing across multiple end user industries. However, Read more...
The ABS 3D Printing material market is projected to grow at a high CAGR of 36.09% during the forecast period of 2018 to 2024. Acrylonitrile Butadiene Styrene (ABS) is a thermoplastic polymer which is created from acrylonitrile, butadiene and styrene polymers. The rising use of ABS plastic materials in the personal and household 3D printing is one of the major driving factors for the market to grow. The benefits offered by ABS plastic materials for 3D printing include its lightweight, has good Read more...
The ceramic 3D printing market is projected to grow at a CAGR of 22.57% by 2024. The rising for ceramic 3D printing in the end-user industry for various applications are expected to drive the growth of the market during the coming years. The burgeoning requirements for modification and developments of products coupled with rapid increase in the use of 3D printing in the healthcare industry are further anticipated to propel the market growth opportunities during the coming years. Furthermore, t Read more...
The global Bluetooth module market is projected to grow at a CAGR of 6.34% during the forecast period of 2018 to 2024. Bluetooth modules now form an integral component of multiple consumer electronic devices. The demand for Bluetooth modules is projected to rise during the forecast period on account of increasing demand for consumer electronics around the world. Furthermore, the increasing penetration of Bluetooth technology in security is further projected to augment the demand for these modu Read more...
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