TechnoMark News

According to a new report published by Allied Market Research, titled, “ Micro Switch Market ," The micro switch market was valued at $0.7 billion in 2022, and is estimated to reach $1.2 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032. A micro switch is a type of electromechanical switch that is widely used in various industries and applications. It is a highly reliable and durable switch that can be operated by very small forces and is designed for long-lasting performance. Micro switches consist of a spring-loaded lever or button that is actuated by a small force, which causes the switch contacts to open or close. There are several types of micro switches available in the micro switch industry, including basic micro switches, miniature micro switches, subminiature micro switches, sealed micro switches, and snap action micro switches. Basic micro switches consist of a simple actuator and contacts, while miniature and subminiature micro switches are smaller in siz...

 Allied Market Research, titled, " VCSEL Market  by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017 - 2023, "the global VCSEL market was valued at $1,602 million in 2016, and is projected to reach at $4,749 million by 2023, growing at a CAGR of 15.7% from 2017 to 2023. A Vertical cavity Surface Emitting Laser (VCSEL) is a semiconductor-based laser diode that emits high power optical laser beam vertically from its top surface. Such devices replace edge emitting lasers (EEL) offering a wide range of applications especially in networks. A VSCEL device operates within a wavelength of 850 nm to 1310 nm and at transmission rate of 2.125-150 Gbps. North America dominates this market presently, followed by Europe. In 2016, the U.S. dominated the market in North America; similarly, the rest of Europe excluding UK, Germany, France, Spain, and Italy led the overall market in the European region. China is dominating the market in Asia-Pacific presently. ...

 Allied Market Research, titled,   Industrial Wireless Sensor Network Market by Sensor, Technology, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023,  the global industrial wireless sensor network market was valued at $573 million in 2016, and is projected to reach at $1,200 million by 2023, growing at a CAGR of 11.0% from 2017 to 2023. Presently, North America dominates the industrial wireless sensor network market. However, China is expected to register the highest growth in Asia-Pacific by 2023. Moreover, the UK is anticipated led the overall market in the European region in 2023. Presently, the U.S. dominates the North American market. Surge in popularity of industrial wireless sensor technology has driven the market growth. Furthermore, low cost and easy deployment of industrial wireless sensor network fuel the growth of the market. However, data security and privacy concerns are expected restrain the growth of the market. In 2...

 Allied Market Research, titled,  Global Industrial Internet of Things (IIoT) Market by Component and Application: Opportunity Analysis and Industry Forecast, 2017-2023,  the IIoT market size was valued at $115 billion in 2016, and is projected to reach at $197 billion by 2023, growing at a CAGR of 7.5% from 2017 to 2023. IIoT is a network of multiple devices connected through communications technologies. The sub-systems are able to collect, monitor, analyze, and deliver insights for driving business decisions for the industrial companies. IIoT is an integration of advanced technologies such as Machine-to-Machine (M2M) communication. In 2016, the hardware components dominated the IIoT market in terms of revenue. Further, based on application, the manufacturing application led the market with 35% share in 2016. Key Findings of the Industrial Internet of Things (IIoT) Market: Hardware components are projected to continue to maintain their leading position ...

 Allied Market Research, titled,  Smart Robot Market  by Component, Application, and Industry Verticals: Global Opportunity Analysis and Industry Forecast, 2018-2025,   the global smart robot market is expected to value at $4,057 million in 2017, and is projected to reach $17,561 million by 2025, registering a CAGR of 19.6% from 2018 to 2025. At present, North America dominates the market, followed by Europe. In 2017, the U.S. is expected to remain dominant in the North America market, while Germany is projected to lead the overall market in Europe. Smart robot is a reprogrammable, multifunctional manipulator designed to move material, parts, tools, or specialized devices through various programmed motions for the performance of a variety of tasks. Autonomous robot uses coding algorithm to perform a specified operation and changes its working in accordance with the changes made in the programming. By use of advanced technology, a smart robot can help people overc...

According to Allied Market Research, titled,  Global  Smart Headphone Market  by type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018-2025 , the global smart headphone market was valued at $5,033.8 million in 2017, and is projected to reach $21,809.5 million by 2025, growing at a CAGR of 20.2% from 2018 to 2025. Presently, Asia-Pacific dominates this market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall smart headphone market in Europe in 2017. In the same year, the U.S. dominated the North America market. In 2017, based on type, the in ear type was the dominant segment, in terms of revenue, and is anticipated to continue this trend during the forecast period. However, based on distribution channel, offline segment dominated the global market in the same year. The key factors that drive the growth of the global market include increase in penetration of infotainment devices, rapid tec...