The global blockchain market is anticipated to grow at a considerable CAGR of around 56.1% during the forecast period. Blockchain technology has emerged as the transparent and safe mode for financial services with the advantage of its encrypted transactions. Blockchain has developed as a highly promising technology in the IT domain. Blockchain is an immutable, […]
Category Archives: Technology
The global laser tracker market is anticipated to grow at a considerable CAGR of 11.9% during the forecast period. In aerospace & defense, there are several errors such as space travel, jet manufacturing defect, mismeasurement, and slight error that can cause mission failure. As a result of which, the aerospace manufacturing companies introduced the most stringent requirements […]
The global target drone market is anticipated to grow at a CAGR of 7.1% during the forecast period. The growing investment in the acquisition of target drones is a key factor driving the growth of the global target drone market. For instance, in February 2020, Kratos Defense & Security Solutions, Inc. received a $20 million contract award […]
The global renewable drone market is anticipated to grow at a significant CAGR of 26.1% during the forecast period. The growing inclination of the public and private sectors towards the development of renewable sources of energy such as wind and solar farms is a key factor driving the growth of the global renewable drones market. For instance, […]
The global waste sorting robots market is anticipated to grow at a CAGR of 19.6% during the forecast period. Technological advancements and new product launches by key vendors such as ZenRobotics, General Kinematics Corp., and Greyparrot AI Ltd. fueled the growth of the global waste sorting robot market. For instance, in April 2021, FANUC is breaking into […]
The global vehicle inertial sensor market is expected to grow at a significant CAGR during the forecast period. Inertial measurement units (IMUs) are used with high-performance sensors (gyroscopes, magnetometers, and accelerometers) in inertial systems to offer high-accuracy information on the surrounding environment through relative movement. The strong combination of inertial measurement units (IMUs) and other […]
The global utility vehicle market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period (2022-2028). One of the core factors driving the market is the growing participation of the market players which has increased the competition in the market. In recent years, market players have been launching their new vehicles in the […]
Direct drive wind turbine market is anticipated to grow at a CAGR of 15.1% during the forecast period. The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive of wind turbine market growth in the forthcoming years. Rapid industrialization, favourable regulations on energy efficiency, and […]
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period (2022-2028). The significant rise in funding for the expansion of virtual event platforms by major players is the key factor driving the market growth. Major virtual event platforms such as Hopin, TouchCast, Samaaro, Hubilo, Virtual experience company, […]