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 also expecte Read more...
Optical-phased array LiDAR market is projected to grow at a CAGR of 43.71% during the forecast period, reaching a total market size of US$149.641 million in 2024 from US$4.272 million in 2018. Optical-phased array based LIDAR program seeks to integrate thousands of closely packed optical emitting facets, precise relative electronic phase control of these facets, and all within a very small form factor. Demand for OPA based LiDAR is increasing as it has multiple degrees of freedom for phase con Read more...
Mechanical LiDAR market is projected to grow at a CAGR of 15.33% during the forecast period, reaching a total market size of US$8.978 billion in 2024 from US$3.815 billion in 2018. Mechanical LiDAR covers a significant market share of the LiDAR on account of being the earliest type of LiDAR. It has a motor that rotates the LiDAR and provides a wide (3600) field of view. The market of mechanical LiDAR is driven by the growing demand for enhanced reliability. However, the high price and heavywei Read more...
LiDAR for Robotic Cars market is projected to grow at a CAGR of 33.59% during the forecast period, reaching a total market size of US$201.700 million in 2024 from US$35.492 million in 2018. LiDARs plays a key role in robotic driving vehicles. The market of LiDAR for robotic vehicles is increasing on account of increasing demand for autonomous cars. LiDAR helps in road scanning to understand vehicle surroundings with precise and real-time 3D digitization and makes them an essential building blo Read more...
In modern times, the electronics are being made stretchable so that they can be used for applications which require them to be reshaped, and get accommodated according to specific shape as well as the reliability of devices which are subjected to strains gets improved due to the use of such stretchable materials. The materials which can be electrically triggered so that they can be reshaped are stretchable conductive materials. The stretchable conductors posses’ excellent conductivity under th Read more...
An optical fiber transmits information from one point to another by sending pulses of light through an optical fiber under fiber optic communication. A Passive Optical Network is a type of fiber optic communication which makes fiber-to-the-home broadband connections possible. The Passive Optical Network which is also known as PON, uses fibers and passive components such as combiners and splitters in networks for the communication to take place. Gigabit Passive Optical Network or GPON is a popula Read more...
The global quantum dots market is projected to grow at a CAGR of 30.93% to reach US$7.647 billion by 2023, from US$1.1518 billion in 2017. Quantum dots are nanoparticles which are used for multiple applications including lighting, lasers, and solar cells among many others. Increasing adoption of quantum dots in consumer electronics coupled with high demand for energy-efficient solutions are the major factors driving the demand for quantum dots in the coming years. However, the limited availabili Read more...
The Indian electric vehicle market is expected to grow at CAGR of 28.12% over the forecast period of 2017-2023. Electric Vehicles are coming up as a more sustainable mode of commuting all around the world. The demand for electric vehicle in India is gaining pace due to favorable government policies so as to promote the use of electric vehicles. The government has made several policies to initiate and promote the availability and usability of electric vehicles, thus promoting the growth of the ma Read more...
Solid state battery market is expected to exponentially over the period 2016 to 2021. The main difference between the conventional Li-ion battery and a solid state battery is the electrolyte used. The former uses a liquid or gel while the later uses a solid electrolyte and offers benefits like higher energy density, longer cycle life and robustness. Unlike liquid electrolyte, solid electrolyte are non-flammable which in turns eliminate the need for multi-layer packaging, making the battery thi Read more...
Hyperspectral remote sensing which is also known as imaging spectroscopy is a significant breakthrough in remote sensing. It is known as imaging spectroscopy because in this technology imaging is used in combination with spectroscopy in a system. The hyperspectral remote sensing is used by scientists and researchers in regard to detect and identify minerals, man-made materials, their composition and terrestrial vegetation. The hyperspectral remote sensing provides high spatial data from a distan Read more...
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