The action camera market was evaluated at US$3,021.939 million for the year 2018. The action camera market is expected to grow at a modest rate due to the rising application of these cameras for capturing action sports and activities. Furthermore, the ability of these cameras to capture high-speed action scenes and the capability of these cameras to withstand extreme rugged conditions is further expected to drive the demand of these cameras. Moreover, the small size of these cameras coupled w Read more...
The Mirrorless cameras market estimated to be valued at US$1.913 billion in 2018. Mirrorless cameras refer to a camera that uses a single removable lens and employs a digital display system instead of an optical viewfinder. Mirrorless cameras utilize an image sensor to display an image acting as an electronic viewfinder. These cameras are relatively smaller, lighter and more manageable than its counterpart the DSLR cameras. The mirrorless cameras market has been segmented on the basis of type Read more...
The 360-degree camera market was evaluated at US$423.072 million for the year 2018. The 360-degree camera market is expected to grow at a modest rate due to the rising popularity in the VR games and consoles. Simultaneously these cameras are now entering the security market as a single camera is able to capture a 360-degree view with a single unit. In addition, the entertainment industry is focusing more on the VR content owing to which this market is expected to grow during the forecasted pe Read more...
The digital cinema projectors market is expected to reach $XX million by 2024 from $440.689 million in 2018 growing at a CAGR of XX%. Digital Cinema Projectors refers to the use of digital technology to project motion pictures as opposed to the earlier use of the analog medium for projecting motion pictures through reels of films, most commonly using the 35mm film gauge. Digital cinema projectors are easier to maintain than their earlier counterparts as there is very little upkeep for these p Read more...
Global lithium-ion battery market is estimated to witness a CAGR of 15.33% to reach US$80.392 billion in 2024 from US$34.163 billion in 2018. Li-ion batteries are rechargeable, lightweight, high energy density batteries that have high capacity and efficiency than other batteries. They are widely applied in diverse areas ranging from small appliances and IT devices to power tools, energy storage systems and etc. With renewables and clean sources forming a vital part of the global energy mix, l Read more...
The Smart vending machine market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. A smart vending machine is an automated machine that provides products to the consumer without the involvement of staff or human assistance. Technological advancement in the vending machine market in terms of gesture sensing, cashless payment, NFC, touch panel and many more has made the machine more consumers friendly which is considered as the key driving Read more...
The global compact camera module market is projected to grow at a CAGR of 9.11% during the forecast period to reach US$57.229 billion in 2024 from US$33.911 billion in 2018. Compact camera modules are the modules which are used in security camera, medical devices, and consumer electronic devices such as computers, smartphones, tablets and peripherals. Growing demand for consumer electronic devices on account of rising disposable income and improvement in the standard of living in the developi Read more...
The smart fridge market is projected to grow at a CAGR of 20.87% over the forecast period of 2017-2023. Smart fridge or smart refrigerator is programmed for sensing the products which are stored inside and also helps to keep a track of the stock via RFID scanning. The refrigerator also helps the user in knowing about the food items which require replenishment. The monitoring of this smart appliance can be easily managed through any remote location and can be controlled in case of any unauthorize Read more...
Global Commercial Telematics Market is expected to grow at a compound annual growth rate of 20.28% over the forecast period to reach US$51.289 billion by 2021, growing from US$20.375 billion in 2016. Telematics are information and telecommunication products which combine telecommunication and computer services in order to transfer a large amount of real-time data in vehicles. Factors such as high penetration of smartphones, availability of high-speed internet connectivity, and low connectivity c Read more...
The global Li-Fi market is projected to witness a CAGR of 55.47% during the forecast period to reach a total market size of US$ billion by 2023, increasing from US$2.400 billion in 2018. Light fidelity or Li-Fi is a wireless optical networking technology that uses light emitting diodes (LEDs) for data transmission. It is designed to use LED bulbs which are commonly used in many energy efficient devices, however, LED bulbs are outfitted with a chip that modulates the light imperceptibly for optic Read more...
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