TechnoMark News

Allied Market Research, titled, “ Sensor Market   By Type, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2028”, the global sensor market size was valued at $166.69 billion in 2019, and is projected to reach $345.77 billion by 2028, to register a CAGR of 8.9% from 2021 to 2028. Asia-Pacific region is expected to be the leading contributor of the global sensor industry during the forecast period, followed by North America and Europe. Incorporation of sensors into any device increases its functionality, accuracy, and efficiency, increasing its automation. This, in turn, contributes to high growth rate in the sensor market. There is an increase in demand for sensors due to their wide usage in consumer electronic appliances. Manufacturers of consumer electronic appliances are incorporating more sensors in their devices to add additional features and keep ahead of other players in the highly competitive sensor industry.  In addition, automotiv...

Allied Market Research, titled “ Audio Amplifier Market ," The audio amplifier market was valued at $4.2 billion in 2022, and is estimated to reach $7 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. Audio amplifiers are electronic devices that amplify the amplitude of audio signals, allowing them to be played at a higher volume level through speakers or headphones. These amplifiers are essential components of audio systems because they provide the required power and amplification to drive speakers and create clear, strong music. The audio amplifier market analysis market includes audio amplifiers used in consumer electronics such as home audio systems, televisions, smartphones, and automotive infotainment systems, as well as professional audio equipment used in concerts, theatres, recording studios, and public address systems. The market for audio amplifiers is driven by the growing traction of in-vehicle infotainment systems for the audio amplifier market. A ris...

Allied Market Research, titled, “ Smart Lamp Market  By Type and Application: Global Opportunity Analysis and Industry Forecast, 2023-2032", The smart lamp market was valued at $4.1 billion in 2022, and is estimated to reach $25.1 billion by 2032, growing at a CAGR of 20.1% from 2023 to 2032.   A smart lamp, also known as a smart light or connected lamp, is a lighting fixture that incorporates advanced technology to offer various features and functionalities beyond traditional lighting. The key defining characteristic of a smart lamp is its ability to connect to a network, typically through Wi-Fi or Bluetooth, and be controlled remotely or automated through a smartphone, tablet, voice commands, or other compatible devices. Smart lamp offer users the ability to control their lighting remotely through smartphone apps or voice commands. When integrated into a larger smart home ecosystem, users can control not only their lamps but also other connected devices, c...

 Allied Market Research, titled,  “ Nanotechnology Market  By Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,”  the global nanotechnology market size was valued at $1.76 billion in 2020, and is projected to reach $33.63 billion by 2030, registering a CAGR of 36.4% from 2021 to 2030. The nanotechnology market analysis is currently in its growth stage and is expected to register substantial growth shortly, owing to the high investment in R&D activities by market players and an increase in focus toward the Internet of Things (IoT). Other factors that drive the market growth include increase in demand for automobiles & electronics and the development of smart devices. According to nanotechnology market trends, emerging technologies, such as artificial intelligence (AI) and quantum computing, require nanotechnology to achieve full commercialization. The UK has a rich heritage of microprocessor design, with companies such as...

Allied Market Research, titled, “ AI CCTV Market   by Offering, Camera Type, Deployment, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global AI CCTV industry size was valued at $14.83 billion in 2020, and is projected to reach $55.22 billion by 2030, registering a CAGR of 14.90%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by LAMEA and Europe.  AI CCTV is a network IP camera which execute advanced analytical functions such as face detection, person detection, vehicle detection, traffic counting, license plate recognition (LPR), and people counting. These AI features are realized by using extremely advanced video analytics software, which is integrated with the recorder and camera. The global AI CCTV market share is anticipated to witness significant growth during the forecast period, owing to factors such as increase in demand for technically advanced surveillance ...

Allied Market Research, titled,  “ Collision Avoidance Sensor Market  by Technology, Function Type, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030,”  the global collision avoidance sensor industry size was valued at $4.0 billion in 2020, and is projected to reach $12.25 billion by 2030, registering a CAGR of 11.9%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by LAMEA and North America. A collision avoidance sensor is a device that responds to situations in two diverse ways. The first is to make a driver aware of the danger through a sound, light, or both, and the second is to alert vehicles with back & front cameras, likewise give visual warning of obstructions. The growth of the global collision avoidance sensor market is anticipated to be driven by factors such as surge in sales of sports utility vehicles (SUVs), high-end luxury vehicles, and ut...

Allied Market Research, titled, “ Wireless Display Market  by Offering, Technology Protocol, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030 ”, the global wireless display market size was valued at $3.64 billion in 2020, and is projected to reach $9.71 billion by 2030, registering a CAGR of 11.00%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by North America and Europe.       Wireless display is a sharing technology that delivers the capabilities of wireless display to business users and smartphone users in a wireless environment. Wireless display technology is embedded and integrated into the chip called the wireless display adapter for smartphones. This display adapter enables users to mirror the screen and display whatever is on the phone screen. Wireless display is supported with smartphones, tablets, and other consumer devices wirelessly and displayed on the...

Allied Market Research, titled, “ Drone Inspection and Monitoring Market Size by Solution, Type, Operation Mode, and Application: Global Opportunity Analysis and Industry Forecast, 2020–2030, ” the global drone inspection and monitoring market size was valued at $6.44 billion in 2020, and is projected to reach $35.11 billion by 2030, registering a CAGR of 16.1%. Asia-Pacific is expected to be the leading revenue contributor to the drone inspection and monitoring market during the forecast period, followed by LAMEA and Europe. Drone inspection and monitoring is a drone-based solution that offers aerial inspection and monitoring services. It uses aerial thermal imaging to inspect roofs, walls, and other hard-to-reach areas of a premise. Drone inspection and monitoring platform is leveraging AI to reduce the cost of drone operations by up to 90%. The growth of the global drone inspection and monitoring market is anticipated to be driven by factors such as increased demand for saf...

 Allied Market Research, titled, “ Flip Chip Market  by Packaging Technology, Bumping Technology, and Industry: Opportunity Analysis and Industry Forecast, 2020–2027 ,” the flip chip market size was valued at $24.76 billion in 2019, and is projected to reach $39.67 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.  Increase in demand for high speed and compact size electronic products has boosted the adoption of flip chip technology in the electronic industry. Internet of Things (IoT) has been gaining popularity, and serves as a key driver of the market. Products used in IoT, such as sensors & actuators, analog & mixed-signal translators, and microcontrollers or embedded processors require efficient and reliable packaging solutions, which can be done using flip chips.  In comparison to customary wire-bond packaging, flip chip offers various benefits such as, superior thermal & electrical performance, substrate flexibility for varying perfo...

 Allied Market Research, titled, “ 3D metrology Market Size By Product, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2020–2030”,  the global 3D metrology market size was valued at $8.77 billion in 2020, and is projected to reach $19.61 billion by 2030, registering a CAGR of 9.2%. Asia-Pacific is expected to be the leading contributor toward the 3D metrology market during the forecast period, followed by LAMEA and Europe.    3D metrology is a full cycle measurement and data acquisition system, which helps in capturing complete information of an object in a digital format. It is used in industries such as aerospace & defense, automotive, and consumer electronics & medical. Global 3D metrology market growth is anticipated to be driven by factors such as growing automotive industry across the globe and focus on quality control while manufacturing goods. In addition, surge in demand for higher productivity by electronics manuf...

Allied Market Research, titled, “ Chipless RFID Market Size  by Product Type, Frequency, Application, and End User: Opportunity Analysis and Industry Forecast, 2020–2027 ”, the global Chipless RFID industry size was valued at $903.3 million in 2019, and is projected to reach $4,744.0 million by 2027, registering a CAGR of 23.1%. Asia-Pacific region is expected to be the leading contributor to the global Chipless RFID market during the forecast period, followed by Europe and North America. A Chipless RFID system is equipped with a planar encoder (characteristically a printed pattern containing the ID code) & an antenna for communication with the reader. Due to low-cost conductive inks, the cost of the tag can be significantly reduced. The chipless RFID system has benefits over conventional sensors due to its lower radiated power, lower cost, robustness, and longer storage life. Alternatively, chipless RFID system provides identification data & monitors several physical par...

 Allied Market Research, titled,  “ 3D Camera Market Size  by Technology, Type, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030" . The global 3D camera market size was valued at $8.89 billion in 2020, and is projected to reach $142.03 billion by 2030, growing at a CAGR of 31.9% from 2021 to 2030. North America is expected to be the leading contributor to the global 3D camera market, followed by Asia-Pacific and Europe. 3D camera refers to an integrated computing device or product, which helps the person or the user wearing it to enhance day-to-day activities. The dawn of mobile wireless systems, smart phones has sparked a new era for 3D camera globally. Gadgets that were deemed to be just used in industrial, commercial applications are now finding its way into normal consumers’ lives, enhancing their quality of life through various applications such as healthcare, sports and fitness, lifestyle, and others. The prominent factors that drive...