Author: rahul45

The global electromagnetic NDT market is estimated to increase at a CAGR of 7% during the forecast period, owing to rising demand. It is expected to be valued at US$ 391.73 Million by 2033, up from US$ 199.14 Million in 2023. Nondestructive testing (NDT) is the process of inspecting materials, components and assemblies in order…

The Europe Vehicle Remote Diagnostic Market is expected to reach US$ 1.6 Billion in 2022 and US$ 5.2 Billion by 2032, probably to surge at a robust 12.5% CAGR during the assessment period. Vehicle diagnostics systems are made up of a vehicle on-board unit (OBU) and a vehicle diagnostics server (VDS). Vehicle OBU and VDS communicate with…

The revenue for the Micro Printing Market was US$ 595.8 million in 2021 and is projected to increase to US$ 1,459.2 million by 2032, rising at a CAGR of 8.6% from 2022 to 2032. Micro printing is an anti-counterfeit technique of printing alphabetic letters and numbers on currency, stamps, bank checks and others item of…

The wearable electronics market is expected to generate US$ 45.5 billion in revenue by the end of 2021. The wearable electronics industry is predicted to reach US$ 199.5 billion by 2032, with a CAGR of 14.5% from 2022 to 2032. Wearable electronics are any electronic products that are intended to be worn on the user’s…

The Contactless Biometrics Technology Market size is anticipated to grow from US$ 19,456.1 Million in 2022 to US$ 71,407.4 Million by 2030, recording 17.6% during 2022-30. As biometrics has become a vital component within enterprises, institutions, and government facilities, contactless biometrics has gained a lot of traction offering the highest level of security mechanism. Various contactless…

With a predicted CAGR of 12.2% from 2022 to 2027, the worldwide video walls market is expected to generate revenues of US$ 13,965.6 Million by 2027, up from a total of US$ 6,870.3 Million in 2021. The market for video walls makes up around 10% of the overall display advertising industry. A study report named “Video Walls…

The identity & Access Management Market is predicted to rise at a CAGR of 12.5% over the forecast period to attain a projected market valuation of US$ 12.9 Billion in 2022 and US$ 26.1 Billion by the end of 2028. The global market for identity and access management is likely to observe an impressive growth outlook in…

During the forecast period, the small satellite market is expected to grow at a robust CAGR of 15.3%. The market is expected to reach a value of US$ 55.9 billion by 2033, with a revenue of US$ 13.5 billion in 2023. The world’s burgeoning space exploration projects have become a significant component of the space race. As…

According to the Future Market Insights (FMI), the global photonic sensors & detectors market is expected to grow from US$ 38.0 Billion in 2022 to US$ 83.5 Billion by 2032, with overall sales rising at a healthy CAGR of around 8.2% throughout the forecast period (2022-2032). Rising penetration of 4.0 industrial revolution and increasing application in healthcare, defence & security, factory automation, oil…

The Optical Encoder Market revenue totalled ~US$ 2,333.4 Million in 2021 and is projected to reach ~US$ 4,851.9 Million by 2029, growing at a CAGR of 9.7% for 2022 – 2029. Increasing implementation of advanced absolute optical encoders by manufacturers of surface mount technology (SMT) placement equipment will also remain a major booster to market…