TechnoMark News

Allied Market Research, titled, “ Power Management Integrated Circuits Market  by Product Type and End Use: Opportunity Analysis and Industry Forecast, 2020–2027 ” the global power management integrated circuits market size was valued at $33.96 billion in 2019, and is projected to reach at $51.04 billion by 2027, growing at a CAGR of 5.3% from 2019 to 2027. Asia-Pacific is expected to be the leading contributor to the global power management integrated circuits market, followed by North America and Europe. Power management ICs are highly integrated power management solutions used for a wide range of battery-operated electronic devices. PMICs are extensively used to fulfill power requirements in various applications such as consumer electronics, automobile, telecom & networking, and in the industrial sector. The global PMICs market is estimated to witness significant growth during the forecast period.  The growth is primarily due to rise in production of automobile ...

 Allied Market Research, titled, “ Smart Gas Meter Market  by type, component, and end use: Opportunity Analysis and Industry Forecast, 2020–2027 ” the global smart gas meter market size was $3.71 billion in 2019, and is projected to reach $5.99 billion by 2027, to register a CAGR of 6.9% during the forecast period. North America is expected to be the leading contributor to the global smart gas meter market, followed by Europe and Asia-Pacific.    Smart gas meters are the electronic devices that measures gas flows and the consumption of the gas, and provide information of how much gas has been consumed and its relevant costing. Smart gas meters are equipped with the shock and leakage detection system, increasing the safety to a great extent. The smart gas meter installations help gas companies with some major operational advantages including the elimination of noting monthly reading manually, availability of real-time data, and continuous monitoring of pipeline. In...

Allied Market Research, titled, “ Smart Sensor Market  by Power and End Use: Opportunity Analysis and Industry Forecast, 2020–2027 ”, the global smart sensor market size was valued at $37.25 Billion in 2019, and smart sensor market size is projected to reach $91.37 Billion by 2027, registering a CAGR of 14.30%. Asia-Pacific is expected to be the leading contributor to the global smart sensor market during the forecast period, followed by North America and Europe. The smart sensor 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 six years. High cost associated with this technology is a major limitation for market growth. However, recent innovations, which embed high efficiency and innovative features in smart devices, have enabled the technology to reach a wider audience base. Numerous players are entering the smart sensor...

Allied Market Research, titled  “ Wearable Sensors Market ," estimates that the wearable sensors market size was valued at $1.9 billion in 2024 and is projected  to reach $13.2 billion by 2034, growing at a CAGR of 21.4% from 2025 to 2034. Wearable sensors are compact, electronic devices integrated into or attached to the body—often through clothing or accessories that continuously monitor, collect, and transmit physiological or environmental data. These sensors enable real-time tracking of metrics such as heart rate, body temperature, motion sensors, and more, supporting applications in healthcare, fitness, sports, and human-computer interaction. One of the significant trends in the wearable sensors market is the advancement in sensor technology, leading to the development of smaller, more energy-efficient devices capable of continuous health monitoring. In addition, there is growing trend toward the integration of Artificial Intelligence (AI) enabling personalized health i...

 Allied Market Research, titled,  “ Wearable Computing Market  by Product Type, Connectivity, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030 ”, the global wearable computing market size was valued at $38.21 billion in 2020, and is projected to reach $213.55 billion by 2030, registering a CAGR of 19.40%. North America is expected to be the leading contributor to the global market during the forecast period, followed by Asia-Pacific and Europe. A wearable computing is a small computing device designed to be worn as an accessory on a user’s body. Wearable computing has specific uses, such as fitness trackers, or have a wide array of features, such as a smartwatch with many “smart” functions similar to those found on a smartphone. More advanced wearable computing devices allow users to read and respond to emails, send text messages, browse the web, view photos or video, and view social media notifications. Wearables are typically worn on the wris...

Allied Market Research, titled, “ Outdoor LED Display Market  by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030 ”. The outdoor LED display market size was valued at $6,398.30 million in 2020, and is projected to reach $14,522.40 million by 2030, registering a CAGR of 9.10%. The outdoor LED signs/ LED display screen for advertising outdoor, install LED screens in the exterior environment. Asia-Pacific is expected to be the leading contributor to the global outdoor LED display Industry forecast period, followed by North America and Europe. Outdoor LED display market includes the type of LED displays in the market and their applications such as billboards, mobile LED displays, traffic lights, perimeter boards, video walls, and others. An in-depth outdoor LED display market analysis their revenue across North America, Europe, Asia-Pacific, and LAMEA has also been included in the report. The outdoor LED screen involves presentation of videos, imag...

 Allied Market Research titled,  “ 3D Technology Market  By Product and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”,  the global 3D technology market size was valued at $171.4 billion in 2020, and is projected to reach $703.4 billion by 2030, registering a CAGR of 16.3% during the period of 2021 to 2030. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Europe, and Asia-Pacific. 3D technology is an emerging sector that is being embraced by businesses nowadays, to improve the shopping experience as well as to simplify the working process, the demand for 3D technology has increased. The applications of 3D technologies include 3D modeling, 3D printing, 3D visualization, 3D display, and others. Increase in adoption of 3D technologies in various application areas such as healthcare, aerospace, entertainment, and architecture, drives the growth of the 3D technolog...

 Allied Market Research, titled, “ Radar Market  by Offering, Product Type, Platform, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2028 ” the global radar market size was valued at $32.56 billion in 2019, and is projected to reach $44.35 billion by 2028, to register a CAGR of 4.7% from 2021 to 2028. North America is expected to be the leading contributor to the global radar market during the forecast period, followed by Europe and Asia-Pacific. Radar is an electronic system, which measures the range and behavior of objects by transmitting an electromagnetic pulse at the object. High-power radar using large dish antennas has been used to measure distances to the moon and other planets, asteroids, and artificial satellites. In addition, radar systems are widely used in air traffic control, aircraft navigation, and marine navigation.  Radar systems have witnessed increasing popularity in the military & defense sector, as radar an...

Allied Market Research, titled, “ Electronic Shelf Label Market ," The electronic shelf label market was valued at $825.06 million in 2021, and is estimated to reach $3.5 billion by 2031, growing at a CAGR of 15.5% from 2022 to 2031. Electronic shelf label (ESL) is a type of dynamic display system used by retailers to display product information in retail stores. This system transmits product information that is updated in central server using low power radio frequency (RF) through the gateway. Shelf label is an emerging technology globally, which can help to remove paper labels and automatically change the price tag every week. In addition, it also removes inconsistencies between cash and shelf resister price and enable flexibility to make immediate price changes. Furthermore, each electronic shelf label (ESL) system has LCD or E-ink display that shows price and UPC of the products. These labels eliminate discrepancies in selling price of products and display reliable pricing...

Allied Market Research, titled, “ RFID Market  by Product Type, Frequency, End Use, and Region: Global Opportunity Analysis and Industry Forecast, 2022–2031," The rfid market was valued at $11.8 billion in 2021, and is estimated to reach $31.5 billion by 2031, growing at a CAGR of 10.2% from 2022 to 2031. Radio frequency identification refers to a wireless system that uses radio waves technology to passively identify a tagged object, people or animal. The RFID is comprised of two components: tags and readers. The reader is an electronic gadget with one or more antennas that transmit radio waves and take in signals from RFID tags. Tags can be passive or active, using radio waves to transmit their identity and other information to adjacent readers. Moreover, the RFID has various advantages over other identification technologies such as the ability to track many things at once, the ability to identify objects without line of sight, and the capacity to store and retrieve va...

Allied Market Research, titled, “ LiDAR Market  by Type, Component, Application, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2022–2031," The lidar market was valued at $1.1 billion in 2021, and is estimated to reach $7.8 billion by 2031, growing at a CAGR of 21.3% from 2022 to 2031. Light detection and ranging (LiDAR) is a remote sensing technology that uses laser light to measure distances and create 3D models of the environment. LiDAR works by emitting a laser pulse towards a target and measuring the time it takes for the pulse to reflect the sensor. This process is repeated many times per second, creating a 3D point cloud of the target area. Increase in demand for 3D imaging systems and automated systems required in LiDAR as well as a surge in the use of aerial sensing applications act as the key driving forces of the global LiDAR market. However, some of the limitations of the LiDAR system include its higher cost when compared to RADAR systems ...

Allied Market Research, titled, “ Edge AI Processor Market ," The edge ai processor market was valued at $2.5 billion in 2021, and is estimated to reach $9.6 billion by 2030, growing at a CAGR of 16% from 2022 to 2030. The Edge AI Processor market size is expected to accelerate in the forecast time period. Edge has many advantages in addition to operational responsiveness, such as energy efficiency. As more data is processed at the edge, less data is moved to and from the cloud, resulting in lower data latency and energy consumption. Over half of organizations, according to the IBV, intend to use edge computing applications for energy efficiency management during the next few years. These factors are anticipated to boost the edge AI processor market growth over the forecast period. The global Edge AI processor industry is segmented on the basis of type, device type, and end-use. By type, the market is classified into central processing unit (CPU), graphics processing unit (GPU...

According to Allied Market Research, titled “ Mining Automation Market ," The mining automation market was valued at $4.2 billion in 2024, and is estimated to reach $8.3 billion by 2034, growing at a CAGR of 7.1% from 2025 to 2034. Mining automation refers to the use of advanced technologies, such as autonomous equipment, robotics, artificial intelligence (AI), and machine learning (ML), to streamline and enhance mining operations. It enables the automation of tasks like drilling, hauling, and ore sorting, reducing human intervention in hazardous environments and improving safety, productivity, and operational efficiency. Automated systems can operate continuously, analyze real-time data for optimized decision-making, and lower operational costs through predictive maintenance and resource optimization. Mining automation supports the transition to smart mining by enabling remote monitoring, real-time control, and sustainable practices, making it a vital component in the future of...

 Allied Market Research, titled, “ Wireless Testing Market  By Offering, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2028 ”, the global wireless testing market size was valued at $10.48 billion in 2019, and is projected to reach $16.80 billion by 2028, registering a CAGR of 6.9% during the forecast period. North America accounted for the highest share, owing to the expansion of the telecom and consumer electronics market.     The wireless communications market has grown significantly with devices that required to undergo effective wireless testing to ensure they perform correctly and are reliable, safe, and secure. The increased integration of wireless technologies is enabling connectivity services in all kinds of devices and applications, such as connected cars, smartphones, wearable’s, smart cities, smart grids, smart homes, and eHealth. In addition, wireless testing solutions like chipset testing, UE testing, and wir...

Allied Market Research, titled “ RF Semiconductor Market ," The RF semiconductor market was valued at $18.9 billion in 2021, and is estimated to reach $39.6 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031. The rapid development of 5G technology and the rapid adoption of IoT technology has increased the need for robust network capacity are some of the factors driving the RF Semiconductor market.   RF Power Semiconductors stands for Radio Frequency Power Semiconductors. These electronic devices are used for cellular and mobile wireless communications. There are numerous applications such as military radar, air and maritime traffic control systems. Various materials such as silicon, gallium arsenide, and silicon germanium are used to manufacture RF power semiconductors.   The growth of the RF semiconductor market is fueled by the massive adoption of AI technology. AI enhances business by improving the customer experience, enabling predictive mainte...

Allied Market Research, titled, “ Radar Sensor Market  By Type, Range, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global radar sensor market size was valued at $10.63 billion in 2020, and is projected to reach $33.14 billion by 2030, registering a CAGR of 13.1%. Asia-Pacific region is expected to be the leading contributor to the global radar sensor market during the forecast period, followed by LAMEA, and Europe. Radar sensors use frequency modulated continuous wave radar to constantly detect moving or stationary targets. Higher frequency radar can see a broader array of objects & will be more beneficial than an ultrasonic sensor in maximum applications, including outdoors. Lower frequency radars is well suited for high dielectric objects including trains, cars, cargo, and trucks even in extreme weather condition.  Also, automotive radar sensor is widely used these days for radar-based driver assistance systems such a...

Allied Market Research, titled, “ Edge AI Hardware Market  By Component, Device Type, Process, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global edge AI hardware market size was valued at $6.88 billion in 2020, and is projected to reach $38.87 billion by 2030, registering a CAGR of 18.8%. Asia-Pacific is expected to be the leading contributor toward the edge AI hardware market during the forecast period, followed by LAMEA and Europe.   Edge AI hardware is a device that can make decisions & process data independently without any external connection. These edge AI hardware does not have any issue of bandwidth and latency of real-time data, which influence application execution. Real time operations are very crucial in robots and self-driving cars among other applications. Global edge AI hardware market growth is anticipated to be driven by factors such as emergence of AI coprocessors for edge computing and rise in IoT appli...