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Distributed Temperature Sensing (DTS) Market to Observe Strong Development by 2030

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 Allied Market Research, titled, “ Distributed Temperature Sensing (DTS) Market  By Fiber Type, Operating Principle, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030 ”, the distributed temperature sensing market size was valued at $734.23 million in 2020, and is projected to reach at $1.5 billion by 2030, growing at a CAGR of 7.4% from 2021 to 2030.   A distributed temperature sensing (DTS) technology is an enhanced temperature monitoring device used to monitor optical fiber solution over a long distance or across large surfaces. The distributed temperature sensing technology is designed to be used across submarine and underground power cables. Further, DTS system used in prime industries, such as oil & gas, pipelines, and fire detection offers critical information about the actual reservoir conditions. In addition, the rise in demand for high-speed network solutions is expected to significantly contribute in the growth of the marke...

Torque Sensor Market Set to Record Exponential Growth by 2026

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Allied Market Research, titled,  " Torque Sensor Market  by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018–2026" , the global torque sensor market size was valued at $8.39 billion in 2018 and is estimated to reach $16.82 billion by 2026, growing at CAGR of 7.7% from 2019 to 2026. The Torque meters or Torque transducers are used to measure the torque of the systems that are rotating such as electric motors, gear box, craft shifts, and others. An important parameter in all the machines and engines is torque, which requires constant monitoring and measurement. The market is growing, owing to rise in application of torque sensors in the automotive sector. The market has a great opportunity to grow, owing to the development in the non-contact and wireless sensors. The global torque sensor market is expected to witness high growth rate during the forecast period, owing to increase in demand for rotary and linear force torque sensors due to their w...

Gas Sensor Market to Receive Overwhelming Hike in Revenues By 2027

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Allied Market Research, titled, “ Gas Sensor Market  by Gas Type, Technology and End Use:  Opportunity Analysis and Industry Forecast, 2020-2027 ,” the global gas sensor market size was valued at $823.1 million in 2019, and is projected to reach $1,336.2 million by 2027, growing at a CAGR of 6.4% from 2020 to 2027. Increasing demand for gas sensors for various end uses has fueled the gas sensor market growth globally and is estimated to increase further during the forecast period. The competitive advantages of gas sensors over conventional alternatives have also been described in the report. Gas sensors have a wide range of end uses in automobiles such as fuel & ignition, powertrain systems, emission control among others. Gas sensors have ample opportunities in consumer electronics such as in HVAC systems, and wearable devices, which is expected to boost the market growth of gas sensors. Air pollution is a major problem globally. According to the World Health Organizat...

Microcontroller Market: Rising Investments from Numerous Investor Firms to Add Value to Growth Trajectory

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 According to Allied Market Research, titled “ Microcontroller Market  by Product Type and Application: Opportunity Analysis and Industry Forecast, 2020–2027 ,” the global microcontroller market size was $16.49 billion in 2019, and is projected to reach $42.19 billion by 2027 to register a CAGR of 11.50% during the forecast period. Asia-Pacific is expected to be the leading contributor to the global microcontroller market, followed by North America and Europe.   A microcontroller is a small and low-cost microcomputer, designed to perform specific tasks of embedded systems such as displaying microwave information and receiving remote signals. This general microcontroller consists of a processor, memory such as RAM, ROM, EPROM, Serial ports, peripherals including timers, and counters. On the basis of product type, the microcontroller market is divided into three categories including 8-bit microcontroller, 16-bit microcontroller, and 32-bit microcontroller.  In...

Power MOSFET Market Estimated to Experience a Hike in Growth By 2027

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Allied Market Research, titled, “ Power MOSFET Market  by Type, Power Rate, and Application: Opportunity Analysis and Industry Forecast, 2020–2027 ,” the global power MOSFET industry size was valued at $5.43 billion in 2019, and is projected to reach $9.90 billion by 2027, registering a CAGR of 6.60% from 2020 to 2027. The power MOSFET industry holds a substantial scope for growth in the global market. Currently, it is in its growing stage; however, its contribution to the global industry is expected to witness significant growth within the next few years. High cost associated with power MOSFET manufacturing is a major limitation for the market growth. However, recent innovations, which implant high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the market with innovative products. Emerging development in IoT and growth of autonomous products are expected to drive the power MOSFET mark...

Advancement in Technology Foreseen to Drive the Global AR/VR Smart Glasses Market from 2020 to 2027

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Allied Market Research, titled,  AR/VR Smart Glasses Market  by Type and End Use: Global Opportunity Analysis and Industry Forecast, 2020–2027 ,” the global AR/VR smart glasses market size was valued at $8.31 billion in 2019, and is projected to reach $33.16 billion by 2027, registering a CAGR of 16.6% from 2020 to 2027. The AR/VR smart glasses market holds a substantial scope for growth in the global market. Currently, it is in its growing stage. However, its contribution to the global market is expected to witness significant growth within the next few years. High maintenance cost associated with AR/VR smart glasses is a major limitation for the market growth.  However, recent innovations, which implant high efficiency and innovative features in smart glasses, have enabled the technology to reach a wider audience base. Numerous players are entering the AR/VR smart glasses market with innovative products. Emerging development in IoT and growth of autonomous products ar...

Operating Room Integration Market Estimated to Experience a Hike in Growth By 2027

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 Allied Market Research, titled, “ Operating Room Integration Market  by Device Type, Application, and End Use:  Opportunity Analysis and Industry Forecast, 2020-2027 ,” the global operating room integration market size was valued at $1.77 Billion in 2019, which is projected to reach $4.19 Billion by 2027, growing at a CAGR of 11.4% from 2020 to 2027. The remote and ease of control for video output, high quality display technologies, multiple video screens streaming on one display, and share of videos between different operating room increase the demand for video over IP solutions. Further, the launch of latest A/V streaming devices over IP solutions for digital operating rooms drives the operating room integration market growth. For instance, Sigma-XG which is a one product and one cable infrastructure, which means the device uses only one cable for connection throughout the building it is installed in and can be used to stream video in multiple operating rooms. Theref...