The carbon nanotubes market is projected to grow at a CAGR of 16.59% to reach the market size of US$9.689 billion by 2025 from US$3.857 billion in 2019. Carbon Nanotubes are minuscule allotropes of nanometers size and possess properties such as good thermal and electric conductivity, high tensile strength and ability to withstand high temperatures. Nanotubes are widely used in appliances like medical, automotive, polymers, defense, energy, electronics, etc. Carbon nanotubes have superior Read more...
The global photonics market is projected to grow at a CAGR of 5.85% to reach US$829.775 billion by 2025, from US$589.950 billion in 2019.The market for photonics is expected to surge during the forecast period owing to the extensive application of photonics in the various end-use industries. This includes life sciences, manufacturing, electronics, information and communications technology, photovoltaics, and security and defense. The market is expected to fuel in the forecast period with the g Read more...
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 indust 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 market size of US$684.666 million in 2024 from US$526.844 million in 2018. Displays have become an indispensable 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 kn Read more...
LiDAR for topography market is projected to grow at a CAGR of 24.82% during the forecast period, reaching a total market size of US$546.239 million in 2024 from US$144.431 million 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 expected 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 lo 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...
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