Blogs

passenger information system market

Passenger Information System for Better Passenger Experience

The passenger information systems market is anticipated to increase at a CAGR of 21.84% for the forecast period, from US$7.522 billion in 2020 to a total market value of US$29.99 billion by 2027. The Passenger Information System, or PIS, is…
wireless audio devices market

Wireless Audio Devices: Listen Without Any Tangles

Wireless Audio Devices Market is projected to grow at a CAGR of 16.96% to reach a market size of US$54.456 billion by 2027. Radio frequency (RF) waves are used by wireless audio devices to receive audio signals instead of audio cords. A Wi-Fi…
terahertz technology market

Terahertz Technology: Providing Thorough Vision

The Global Terahertz Technology Market is expected to grow at a CAGR of 25.83% to reach US$1,670.976 million by 2027. The only portion of the entire electromagnetic wave spectrum that has not seen technical and economic development is the terahertz…
self-checkout systems market

The Surge in Self-Checkout Systems Market in Today’s Cashless-Driven World

The self-checkout systems market was valued at US$11.041 billion in 2020 and is projected to increase at a CAGR of 19.44% to reach US$38.295 billion by 2027. Self-checkout systems are automated systems used in the retail, grocery, and hospitality…

Automotive Industry to Steer the Growth of Servo Motors and Drives Market

The servo motors and drives market is expected to grow at a CAGR of 6.01% over the forecast period 2020 to 2027. Machines that need precise position control typically use servo motors and drives. Electric servomechanisms are driven by specifically…

Solid-State Transformers Harnessing Renewable Energy Production

The solid-state transformer market is valued at US$158.820 million for 2020 and is expected to grow rapidly during the forecast period of 2020 to 2027. SSTs (Solid-State Transformers) are made up of control circuits, high-power semiconductors,…
screenless display market

Screenless Display Transforming Medical Training and Diagnosis

The screenless display market was valued at US$1.078 billion in 2020 and is expected to grow at a CAGR of 29.86% to reach a market size of US$6.713 billion in 2027. The latest display technology screenless display replaces the use of touch screen…
geothermal power market

Global Geothermal Power Market – A Global Phenomena

The Global Geothermal Power Market is expected to grow at a compound annual growth rate of 2.81 % over the forecasted period to reach a market size of US$1.740 billion in 2027 from US$1.434 billion in 2020. Geothermal power is a renewable…

Postal Automation Market to Grow With Significant Rate

The global postal automation market was valued at US$3.238 billion in the year 2019 and is estimated to reach up to  US$4.900 billion in 2026 to grow at the compound annual growth rate of 6.10%. The postal system is sending and receiving…

Apiculture Market – Managing the Bees

Apiculture is defined as the management of the bees to extract honey and beeswax from their beehives by using commercial and scientific techniques.  Bee colonies are maintained by the cultivators to obtain honey and honey-based products…

The Inclining Trajectory of Organic Plastic – Bioplastics Market

Bioplastics are environment-friendly plastic that is derived from organic biomass sources like vegetable oil, agricultural waste, woodchips, sawdust, etc. by employing starch, cellulose, and lactic acid for their production unlike conventional…

Rising Automation With Industrial PC

The industrial PC market is expected to grow at a compound annual growth rate of 6.45% to reach a market size worth US$7.756 billion by 2026. This market was valued at US$5.006 billion in 2019. Industrial PC is specially designed computers meant…