Cable glands market is anticipated to grow at a CAGR of 7.8% during the forecast period (2024-2031). Cable glands provide a protective barrier around the entry point of cables into enclosures, machinery, or equipment. Cable glands prevent the cables from being exposed to environmental factors such as dust, moisture, chemicals, and physical damage, which can […]
Category Archives: Business
Markerless motion capture market is anticipated to grow at a CAGR of 15.1% during the forecast period (2024-2031). Markerless Motion Capture is a technique for capturing human motion without requiring actors to wear suits or markers. It uses multiple cameras to track key points on the person’s body and then reconstructs their 3D pose in […]
Drone simulator market is anticipated to grow at a CAGR of 13.5% during the forecast period (2024-2031). The market growth is driven by the rising demand for drones in the defense sector, increasing investment by governments in drone R&D, increasing applications for drones in the commercial sector, and the affordability of drone simulation and testing […]
Cold chain equipment market is anticipated to grow at a CAGR of 18.5% during the forecast period (2024-2031). The cold chain equipment includes refrigerators, vaccine carriers, insulated vans, stabilizers, and real-time temperature monitoring devices among others. The market’s growth is driven by the increasing adoption of cold chain infrastructure, and growing demand from the pharmaceutical […]
LED driver market is anticipated to grow at a significant CAGR of 14.9% during the forecast period (2024-2031). The market growth is attributed to the growing advancement in LED driver development with integration features such as dimming and control, wireless communication, power density, and reducing energy consumption. The increasing demand for better thermal management in […]
The global head-mounted display market is growing at a CAGR of nearly 35.0% during the forecast period. The major factors that are augmenting the growth of the market include rising adoption in consumer applications and increasing adoption of augmented reality (AR) and virtual reality (VR) technology. Head-mounted displays are regarded as highly immersive display devices […]
The global smart electric meter market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period. The growth of the market is attributed to favorable government initiatives and funding such as smart city projects by the European and Asia- Pacific government. In India, the government planned to build 90 smart cities […]
The global Air Conditioning market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. One of the major factors driving the growth of the market includes the rapid rise in the global urban population. Ongoing technological advancements to reduce component size and price to increase the affordability of ACs by […]
The global Residential Sensors market is anticipated to grow significantly at a CAGR of 5.0% during the forecast period. A smoke detector is a gadget having a sensor that detects smoke and alerts the user to a fire. Smoke can be detected using two methods: optical and physical. Photoelectric detectors use an optical mechanism, while […]
The global wearable sensors market is anticipated to grow at a CAGR of 9.1% during the forecast period. Sensors are now used in industries such as automotive, healthcare (particularly in dental and orthopedic fields), and retail. The factor contributing to the growth of wearable sensors include their increasing use in the healthcare sector, increase awareness […]