The global microbolometer market was valued at US$573.531 million in 2018 and is expected to grow at a CAGR of 6.70% over the forecast period to reach a total market size of US$846.227 million by 2024. The global microbolometer is expected to propel during the forecast period owing to their growing demand due to their low power consumption, which is cheaper, reliable, and lightweight in comparison to their substitutes. A growing trend of the adoption of low power consumption devices will also Read more...
The global ultrasonic fingerprint sensor market was valued at US$176.4 million in 2018 and is expected to grow at a CAGR of 51.56% over the forecast period to reach a total market size of US$2,137.786 million by 2024. The global ultrasonic fingerprint sensor is expected to propel during the forecast period owing to the growing need for biometrics creating a demand for devices that function on sensor technology leading to the development of ultrasonic fingerprint sensors. Hence, growing s Read more...
The vector control market was valued at US$2617.98 million in 2018 and is projected to expand at a CAGR of 4.33% over the forecast period to reach US$3376.17 million by 2024.Vector control is any method to limit or eradicate the mammals, birds, insects or other arthropods which transmit disease pathogens. The most frequent type of vector control is mosquito control using a variety of techniques. The vector control market is expected to have a high growth rate driven by factors such as the ris Read more...
Farm Variable rate technology enables producers to vary the rate of crop inputs. It is a combination of the variable rate control system and application equipment and the components are a computer, DGPS receiver, controller and VR software. VRT increases efficiency and reduces wasteful use of resources. The Variable Rate Technology market is expected to grow at a significant rate due to increasing focus on farm efficiency and productivity. Growing demand for food and support from the government Read more...
The LED horticulture market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017.As per horticulture research, radiation at some relatively narrow spectral bands drives photosynthesis process by optimising chlorophyll absorption. As scientists continue to match monochromatic spectrum to different plants and stages of growth, LED manufactures are tapping into the rapidly growing horticulture lighting market. Use of LEDs to grow herbs, fruits, Read more...
The global electronics manufacturing services market is estimated at US$165.354 billion for the year 2019 growing at a CAGR of 14.17% to reach the market size of US$366.208 billion by 2025. The major factor driving the growth of the market is the wide adoption of contractual services by OEMs on account of an increase in the number of service offerings by the providers. The adoption of these services further enhances the capabilities of the OEM manufacturers to expand their focus in the c Read more...
The agriculture sensor market is estimated to grow at a CAGR of 17.57% to reach a market size of US$2,390.745 million in 2024 from US$905.013 million in 2018. Sensing technology is used in smart agriculture to provide data to farmers that help monitor soil, weather, and crop condition. It enables farmers to maximize yield using minimal resources such as water, fertilizers and seeds. The global agriculture sensor market is expected to have a significant growth rate as farmers all over the worl Read more...
Livestock Grow Lights Market is expected to witness a CAGR of 6.52% over the forecast period to reach US$7,043.758 million in 2024 from US$4,822.797 million in 2018. The rising adoption of smart livestock farming practices is one of the major drivers of livestock grows lights market. Livestock grows lights are used for the growth and to provide ani Read more...
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