Blogs

surface inspection market

Surface Inspection: A Leading Process for Quality Assurance

The surface inspection market is projected to grow at a CAGR of 6.55% during the forecast period to reach US$5.911 billion by 2027, from US$3.792 billion in 2020. Surface inspection is a process that involves the use of angled lighting, smart…
3D Scanner Market

Video Games and Virtual Cinematography Foster the Growth of 3D Scanners

The 3D Scanner Market was valued at US$1.219 billion in 2020 and is expected to grow at a CAGR of 13.84 % to reach a market size of US$3.019 billion in 2027. Using 3D scanning enables recording an object's three-dimensional characteristics…
transparent ceramics market

Defence and Aerospace Industries Driving the Demand for Transparent Ceramics

The Global Transparent Ceramics market was valued at US$355.287 million in 2020 and is expected to grow at a CAGR of 24.93% to reach a market size of US$1,687.321 million in 2027. Transparent ceramics are a class of advanced materials with…

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,…

The Impact of the Automotive Industry on the Specialty Silica Market

The specialty silica market was valued at US$3.716 billion in 2020 and is projected to expand at a CAGR of 9.37% over the forecast period to reach US$6.958 billion by 2027. The increased demand for rubber, coatings, and paints in various sectors…

Increased Spray Adhesive Market Growth and the Rising Demand from End-User Industries

The spray adhesive market is expected to grow at a CAGR of 7.51% over the forecast period to reach a total market size of US$6.334 billion by 2027, increasing from US$3.816 billion in 2020. Due to the increasing demand from the end-user industries,…

The Surge in SCADA Market in Today’s Data-Driven World

The SCADA market is projected to grow at a CAGR of 6.01% during the forecast period to reach a market size of US$34.519 billion by 2027, from US$22.946 billion in 2020.  SCADA (Supervisory Control and Data Acquisition) consists of multiple…
multi factor authentication market

The Growth of the Multi-Factor Authentication Market in Today’s Technological Era

The multi-factor authentication market is projected to grow at a CAGR of 16.88% during the forecasted period to reach a market size of US$34.497 billion by 2027, from US$11.543 billion in 2020.   MFA (Multifactor Authentication) is a security…
scintillator market

The surge in the Scintillator Market

The scintillator market is projected to grow at a CAGR of 4.69% during the forecast period to reach a market size of US$851.309 million by 2027, from US$617.538 million in 2020.  The scintillators facilitate the conversion of high-energy radiations…
botanical supplements market

The Benefits and Developments of the Botanical Supplements Market

The Botanical Supplements market is expected to grow at a compound annual growth rate of 6.38% over the forecast period to reach a market size of US$39.767 billion in 2027, up from US$25.799 billion in 2020. Botanical supplements provide natural…
occupancy sensor market

The Burgeoning Occupancy of the Occupancy Sensors Market

The occupancy sensor market is projected to grow at a CAGR of 12.94% during the forecast period to reach a valuation of US$1,375.279 million by 2027, from US$586.672 million in 2020.  Occupancy sensors are sensors that detect motion thus enabling…
safety relays market

The Impact of the Industrial Revolution on the Safety Relays Market

The safety relays market is estimated to grow at a CAGR of 7.43% to reach a market size of US$838.575 million in 2027, from US$505.807 million in 2020.  Safety relays aid in the testing and monitoring of a safety system by allowing the machine…