Semiconductor and Electronic Market Research Report Study

Due to huge developments and innovations in technology day-by-day, the Semiconductor and Electronics has become a highly emerging sector. In the present day scenario, many investors are actively investing in latest technologies. Research Report Analysis will help you get more flavors, deep into its market and regions where this technology is experiencing a huge demand. Also, it will help in getting you the "right business at a right time," wherein you will get more $ in revenue.

Tuesday 5 October 2021

Smart Elevator Market expected to reach $12.6 billion by 2026

According to the new market research report "Smart Elevator Market with COVID-19 Impact by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Global Forecast to 2026", the global smart elevator market size was valued at USD 9.7 billion in 2021 and is projected to reach USD 12.6 billion by 2026; it is expected to grow at a CAGR of 5.4% from 2021 to 2026. The key factors fueling the growth of this market comprise of reducing energy consumption within the buildings, development of smart cities and growth in urbanization.

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Browse 182 market data Tables and 58 Figures spread through 194 Pages and in-depth TOC on "Smart Elevator Market with COVID-19 Impact by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/elevators-controls-market-1004.html

Control Systems is expected to hold the largest size of the Smart Elevator market in 2021.

The elevator control segment accounted for the largest segment of the overall revenue of the smart elevator control systems market. The growing demand for smarter buildings with seamless passenger flow and easy-to-use elevators is driving the demand for destination control technology. Improving living standards in emerging economies have led to the demand for more high-tech buildings, coupled with the adoption of less energy

The commercial sector is expected to remain dominant applications of the smart elevator market from 2021 to 2026

The commercial segment held the largest size of the market in 2020 and is likely to exhibit a similar growth pattern during the forecast period on account of the increasing deployment of solutions in the commercial sector.

Furthermore, the consolidating trend of developing energy-saving infrastructure in airports, malls, and other commercial facilities will push the growth of the segment.

On the other hand, the construction of high-rise buildings to accommodate the increasing urban population will lead the residential segment to register the highest growth rate during the forecast period. For Instance, in March 2020, the Government of India approved proposals from TCS and DLF to set up a Special Economic Zone (SEZ) for the IT sector in Haryana and Uttar Pradesh. Additionally, reducing energy consumption has become a major objective for building owners, governments, and utilities. Replacing existing elevator systems with more energy-efficient systems (such as smart elevators) is one of the ways to reduce this massive pool of energy use; however, it is just a solution at a small level. These factors will drive the demand for smart elevators in the commercial sector.

New Installations is expected to remain dominant over the forecast period 2021 to 2026

New installations are done in ongoing construction activities across the world. Therefore, emerging economies, such as India, China, Indonesia, and Africa, are expected to lead the market for new installation services. Additionally, emerging economies and untapped markets in India and other Asian countries are responsible for the high growth of new installations in the APAC market. Urban cities are now growing into megacities, with the population rising to millions. A few examples are Tokyo, Mexico City, Seoul, and Lagos. This results in the construction of skyscrapers, futuristic transportation hubs, and many more such developments to cater to the huge population. Hence, new installation is expected to grow in the coming years.

APAC projected to grow at the highest CAGR of smart elevator market from 2021 to 2026.

APAC is a mix of developing and mature markets for smart elevators. The residential market is the fastest due to the high middle-class population base seeking better residential properties and consequently moving to cities. The region is predicted to witness an increase in new equipment sales in the coming years, where China is the largest new equipment market globally and India the second-largest market

APAC is expected to lead the smart elevator market in 2021 owing to the rising urban population in China and India. To that end, China is expected to continue to remain a dominant market for smart elevators in APAC throughout the forecast period. The renovation initiatives in this region backed by government support are the major factor contributing to the growth of the smart elevator market in APAC

OTIS Elevator, Kone Corporation, Schindler Group, Thyssenkrupp AG, Hitachi Ltd., Hyundai Elevators Co., Ltd, and Mitsubishi Electric, among others, are some of the key players offering Smart Elevators.

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Monday 4 October 2021

Top Robotics Market expected to reach $176.8 billion by 2025

The report "Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) - Global Forecast to 2025", is projected to grow from USD 76.6 billion in 2020 to USD 176.8 billion by 2025; it is expected to grow at a CAGR of 18.2% during the forecast period. Owing to COVID-19, the top robotics market is estimated to have lower growth for 2019–2020 than expected. The key reason for this is that the market for industrial robots is expected to be severely impacted due to COVID-19 during Q3 and Q4 of 2020, which can be attributed to a slowdown in production in the large industries such as automotive and metals & machinery. Some service robots, such as drones and AGVs, are witnessing increased growth due to the need for no contact delivery. However, milking robots are expected to have a decline due to supply chain disruptions in agriculture.

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Browse 148 market data Tables and 133 Figures spread through 350 Pages and in-depth TOC on "Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/top-robotic-market-552191.html

Market for personal & domestic service robots is projected to grow at a higher CAGR during the forecast period

Personal & domestic service robots are meant for household chores, educational purposes, entertainment, and assistance to the elderly, as well as people with special needs. Robots used for personal and domestic purposes include vacuuming robots, lawnmowers, pool cleaning robots, window cleaning robots, gutter cleaning robots, exoskeletons, toy robots, hobby systems, educational robots, and robots for assistance and elderly care. The market for personal and domestic robots is expected to grow at a higher CAGR during the forecast period. This can be attributed to initiatives such as offering robots on a rental basis. For instance, Pepper, a humanoid manufactured by SoftBank Robotics (Japan), is available on a subscription contract of USD 360 per month over a period of 36 months (excluding fixed and maintenance costs), distributing the total cost of USD 14,000. Robotic vacuums and lawn mowers have increased their value proposition due to innovative features and technology, making then more attractive and practical to buyers

Market for ground robots projected to grow at highest CAGR during the forecast period

Ground-based robots can be used on the surface of the earth without human presence in applications such as medical, logistics, and personal services. The ground environment constitutes of automated guided vehicles (AGVs), cleaning robots, agricultural robots, surgical robots, entertainment robots, inspection robots, humanoid robots, powered exoskeletons, telepresence robots, and others. Ground robots are used for applications such as surgeries, cleaning, and elderly care and communication through telepresence and assistance. With the increase in nuclear families and global population, the number of households has increased, generating more demand for vacuuming robots. According to the World Economic Forum 2018, “The world needs to build 2 billion new homes over the next 80 years.” Also, the increase in the aging population worldwide has increased the demand for assistive robots, particularly in countries such as China and Japan, and affordable prices are driving the market of vacuuming robots.

Automotive to dominate the industrial robotics market from 2020 to 2025

The automotive industry is one of the biggest users of industrial robots in the market. Automotive manufacturers strive for consistency and repeatability since any issue can stop the flow in a vehicle assembly line. Traditional industrial robots in the automotive industry are primarily used for productivity. For instance, Great Wall Motors (China) has installed 27 IRB 7600 robots from ABB (Switzerland) to facilitate handling and welding applications. It is considered to be among the most productive manufacturing lines in the industry. Collaborative robots, on the other hand, are deployed for working alongside factory workers. For instance, Nissan (Japan) installed UR10 robot from Universal Robots (Denmark) to loosen engine bolts and install engine block intake manifolds.

APAC to have highest share of top industrial robotics market and is also estimated to grow at the highest CAGR during forecast period

APAC is considered as a major manufacturing hub in the world and expected to provide ample growth opportunities to the industrial robotics market in this region. The industrial robotics market in APAC is expected to witness higher growth than the matured markets in Europe and North America due to low production costs, easy availability of economical labor, lenient emission & safety norms, and government initiatives for Foreign Direct Investments (FDIs). The ageing population in China and Japan has resulted in rising labor costs, leading to the growing adoption of automation. Increasing labor costs in APAC is also forcing manufacturers to automate to maintain their cost advantage. Therefore, strong growth for collaborative robots is expected in APAC.

Major vendors in the top robotics market include ABB (Switzerland), YASKAWA (Japan), FANUC (Japan), KUKA (Germany), Mitsubishi Electric (Japan), Kawasaki Heavy Industries (Japan), DENSO (Japan), NACHI-FUJIKOSHI (Japan), Seiko Epson (Japan), Dürr (Germany), Universal Robots (Denmark), Omron Adept (US), b+m Surface Systems (Germany), Stäubli (Switzerland), Comau (Italy), Yamaha (Japan), IGM (Austria), ST Robotics (US), Franka Emika (Germany), CMA Robotics (Italy), Intuitive Surgical (US), DJI (China), Daifuku (Japan), iRobot (US), DeLaval (Sweden), Kongsberg Maritime (Norway), Northrop Grumman (US), Neato Robotics (US), Swisslog Holding (Switzerland), Stryker (US), Lely (Netherlands), ECA GROUP (France), 3DR (US), SoftBank Robotics Group (Japan), PrecisionHawk (US), UBTECH Robotics (China), Parrot Drones SAS (France), CYBERDYNE (Japan), GE Inspection Robotics (Switzerland), Starship Technologies (US), ecoRobotix (Switzerland), HARVEST CROO (US), and GRAAL (Italy). Apart from these, Hyundai Robotics (South Korea) and Moley Robotics (UK) are among a few emerging companies in the top robotics market.

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Thin-Film Encapsulation (TFE) Market expected to reach 101.1 Million USD by 2023

According to the new market research report "Thin-Film Encapsulation (TFE) Market by Application (OLED Display, Lighting, Thin-Film Photovoltaics), Deposition Technology (Inorganic Layers (PECVD, ALD) and Organic Layers (Inkjet Printing and VTE)), and Geography - Global Forecast to 2023", The thin-film encapsulation market for materialsis expected to grow from USD 31.7 Million in 2018 to USD 101.1 Million by 2023, at a CAGR of 26.1% between 2018 and 2023.

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The thin-film encapsulation market for materialscovers the thin-film organic and inorganic barriers used at the manufacturing level of flexible OLED displays, flexible OLED lighting, thin-film photovoltaics, and other products. The need for thin-film barriers in flexible and organic devices, trend of thin-film encapsulation using inkjet printing technology, and rapid adoption of flexible OLED displays for smartphones and smart wearables significantly drive the market growth. The growing investments in the OLED technology and manufacturing facilities and rising adoption of thin-film solar cells are likely to provide lucrative opportunities for the market players in the near future.

Rising demand for flexible OLED displays and flexible OLED lighting solutions is driving the growth of thin-film encapsulation market for materials

OLED displays accounted for the largest share of the thin-film encapsulation market for materials, in terms of value, in 2017. Samsung SDI and LG Chem develop thin-film encapsulation materials for flexible OLED displays. These companies are also working with thin-film encapsulation equipment suppliers, such as Kateeva and Applied Materials. The thin-film encapsulation market for materials in OLED lighting applications is expected to grow at the highest CAGR of 31.8% during the forecast period.

APAC is expected to hold the largest market share between 2018 and 2023

APAC accounted for the largest share of the thin-film encapsulation market for materials in 2017. Major display panel and brand product manufacturers are based in China, Japan, Taiwan, South Korea, and Hong Kong. South Korea witnessed the highest demand for thin-film encapsulation materials in 2017 owing to presence of industry leaders such as Samsung and LG Display in the country. Further, the demand for thin-film encapsulation materials from China is expected to increase rapidly during 2018–2023 as various Chinese players, such as BOE Technology and CSOT, are planning to construct facilities to manufacture flexible OLED panels.

The leading suppliers of thin-film encapsulation equipment and materials in the market are Samsung SDI (Novaled) (South Korea), LG Chem (South Korea), Universal Display Corp. (UDC) (US), Applied Materials (US), 3M (US), Veeco Instruments (US), Kateeva (US), Toray Industries (Japan), BASF (Rolic) (Germany), Meyer Burger (Switzerland), Aixtron (Germany), Bystronic Glass (Germany), AMS Technologies (Germany), and Angstrom Engineering (Canada). Key innovators profiled in this report include Beneq (Finland), Encapsulix (France), Lotus Applied Technology (US), Vitriflex (US), and Picodeon (Finland).

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Digital Textile Printing Market expected to reach 2.31 Billion USD by 2023

According to the new market research report on the "Digital Textile Printing Market by Printing Process (Roll to Roll, DTG), Ink Type (Sublimation, Pigment, Reactive, Acid), Application (Textile & Decor, Industrial, Soft Signage, Direct to Garment), and Geography - Global Forecast to 2023", this market is expected to be worth USD 2.31 Billion by 2023 from USD 1.76 Billion in 2018, at a CAGR of 5.59% between 2018 and 2023. The major factors driving the growth of the digital textile printing industry include the growing demand for sustainable printing; increasing demand for digital textile printing in the garment and advertising industries; shortening lifespan and faster adaptability of fashion designs; development of new technologies in the textile industry; reduced per unit cost of printing with digital printers, and growth of the e-commerce industry.

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Browse 63 market data Tables and 45 Figures spread through 150 Pages and in-depth TOC on "Digital Textile Printing Market - Global Forecast to 2023"
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Roll to Roll printing process expected to hold largest market share by 2023

The roll to roll printing process is expected to hold the largest share of the digital textile printing market during the forecast period. Currently, the roll to roll printing process accounts for more than two-thirds of the digital textile printing market and is majorly used in textile & decor, soft signage, and industrial applications. The major applications in textile & decor are home textile, upholstery, linens, drapery, scarves, ties, bags, sportswear, footwear, clothes, interior decor, etc. Applications in the soft signage and industrial segments include carpets, posters, banners, flags, vehicle wrapping, wallpaper, building material, POS display, etc.

Direct to Garment application to grow at highest rate during forecast period

The direct to garment application is estimated to register the highest CAGR during the forecast period. Fast moving fashion cycles, cost advantage on short run cycles, creative designs, quick time to market for new trends, reduced wastage, and low power consumption are some of the major factors which will drive the market for direct to garment applications. According to industry experts, the future of fashion is all about customization. Consumers choose to wear the shape, size, prints, and colors that best suit them. The fashion industry is going through an evolution regarding how it gets products from the runway during a fashion week to stores and ultimately customers’ wardrobes quicker than ever. This has led to a shift in the entire production timeline.

Europe likely to hold largest share of digital textile printing market during forecast period

Europe is expected to hold the largest share of the digital textile printing market during the forecast period owing to the economic recovery and increased growth in the printing industry. Digital textile printers are increasingly being deployed in Europe to meet the need for faster turnaround times, shorter runs, and more variable data printing with high quality. The use of digital textile printers in the fashion industry is another factor driving the growth of this market in this region.

The report also profiles the most promising players in the digital textile printing market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players. The key players in this industry are Aeoon Technologies GmbH (Austria), ATPColor Srl (Italy), Bordeaux Digital PrintInk Ltd. (Israel), Durst Phototechnik AG (Italy), Hollanders Printing Systems B.V. (Netherlands), Kornit Digital (Israel), SPGPrints B.V. (Netherlands), Brother International Corporation (Japan), Colorjet Group (India), d.gen Inc. (South Korea), Konica Minolta, Inc. (Japan), Mimaki Engineering Co., Ltd. (Japan), Mutoh Holdings Co. Ltd. (Japan), Ricoh Company Ltd (Japan), Roland DG Corporation (Japan), Seiko Epson Corporation (Japan), DuPont (US), Electronics For Imaging, Inc. (US), and Huntsman International LLC (US).

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Acoustic Microscopy Market expected to reach 1,241.2 Million USD by 2023

According to the new market research report "Acoustic Microscopy Market by Offering (Microscopes, Accessories & Software, Services), Application (Non-Destructive Testing, Quality Control, Failure Analysis), Industry (Semiconductor, Life Science), and Geography - Global Forecast to 2023", The acoustic microscopy market is estimated to be USD 951.0 Million in 2018 and is projected to reach USD 1,241.2 Million by 2023, at a CAGR of 5.47% during the forecast period.

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Browse 61 market data Tables and 51 Figures spread through 144 Pages and in-depth TOC on "Acoustic Microscopy Market - Global Forecast to 2023"
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The growth of the acoustic microscopy market can be attributed to various factors, including safety regulations formulated by governments and international bodies, growth of various end-use industries, and increased funding for R&D in microscopy.

The acoustic microscopy market for services is expected to account for the largest market size between 2018 and 2023

Based on offering, the services segment is projected to lead the acoustic microscopy market during the forecast period. Microscopy services are provided for various applications, such as Non-Destructive Testing (NDT), failure analysis, and product reliability testing/quality control. The acoustic microscopy market for services is projected to witness significant growth during the forecast period, owing to the increase in the number of NDT service providers and rise in demand for NDT services from the semiconductor and automotive sectors. There is an inevitable need for NDT inspection in industries, primarily during engineering, assembling, and operating stages. NDT services are adopted by various industries to prevent recurring issues in system components as well as to implement failure management strategies by detecting faults and defects at an initial stage.

The Non-Destructive Testing (NDT) application accounted for the largest share of the acoustic microscopy market in 2017

Based on application, the Non-Destructive Testing (NDT) segment accounted for the largest share of the acoustic microscopy market in 2017, owing to increased awareness regarding industrial non-destructive testing methods and their benefits, such as increased life of equipment and improved production output. Non-destructive tests are used in fabrication and in-service inspections to allow early detection of surface and subsurface defects in finished and Work-in-Progress (WIP) goods. The emergence of automated NDT equipment that offer accurate results is driving the growth of the non-destructive testing application.

The semiconductor industry accounted for the largest share of the acoustic microscopy market in 2017

The semiconductor industry is projected to lead the acoustic microscopy market between 2018 and 2023, owing to the increasing use of microscopy techniques in the semiconductor industry for R&D, quality control, process development, and failure analysis. The rising demand for miniature transistor chips, nanoelectronics, quantum dots, and optoelectronics is a key factor driving the growth of the acoustic microscopy market in the semiconductor industry.

North America is expected to lead the acoustic microscopy market during the forecast period

North America accounted for the largest share of the acoustic microscopy market in 2017. The growth of the acoustic microscopy market in North America is primarily driven by rise in government funding to promote R&D activities in the field of acoustic microscopy and increased focus on nanotechnology and regenerative medicine. The favorable regulatory scenario is a key factor supporting the growth of the acoustic microscopy market in North America, as regulatory approvals play a crucial role in the launch of a new device or instrument in the market.

Leading players operating in the acoustic microscopy market includes Sonoscan (US), Hitachi (Japan), PVA TePla (Germany), EAG Laboratories (US), NTS (US), Sonix (US), IP-holding (Germany), Insight K.K. (Japan), OKOS (US), MuAnalysis (Canada), Crest (Malaysia), Predictive Image (France), PicoTech (Israel), Acoustech Systems (US), and Accurex (India).

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Thursday 30 September 2021

SCADA Market expected to reach $13.2 billion by 2026

According to the new market research report "SCADA Market with COVID-19 Impact by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human‒Machine Interface, Communication System), End User, and Region - Global Forecast to 2026", the global SCADA market size was valued at USD 9.2 billion in 2021 and is projected to reach USD 13.2 billion by 2026; it is expected to grow at a CAGR of 7.6% from 2021 to 2026. The key factors fueling the growth of this market include increased adoption of Industry 4.0 solutions using SCADA systems, high demand for industrial mobility solutions for efficient management of process industry, and use of software platforms such as IoT and artificial intelligence.

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Browse 158 market data Tables and 87 Figures spread through 230 Pages and in-depth TOC on "SCADA Market with COVID-19 Impact by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human‒Machine Interface, Communication System), End User, and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/scada-market-19487518.html

Services offering accounted for largest size of the SCADA market in 2020.

The services segment accounted for the largest share of the SCADA market in 2020. Many of the industries in the Americas and Europe have already implemented SCADA systems. Thus, there are fewer opportunities in terms of the implementation of new SCADA systems. However, in terms of modification of SCADA systems, there are huge opportunities. After the installation of SCADA systems, organizations need proper modification and maintenance throughout the life of SCADA systems. Service offerings, especially cybersecurity, are considered while customizing or modifying SCADA systems.

Porcess industry is expected to hold the largest size of the SCADA market in 2021.

Process industry is expected to account for the largest share of the SCADA market during 2021–2026. The rate of adoption of SCADA systems is high in process industries owing to the rising pressure on manufacturers to optimize the cost and production processes. Increasing demand for real-time visibility of complex operations in industries such as oil & gas, chemicals, pharmaceuticals, metals and mining, and food & beverages is expected to drive the demand for SCADA systems in the process industry.

APAC projected to grow at the highest CAGR of SCADA market from 2021 to 2026.

APAC is projected to hold the largest share of the SCADA market during the forecast period. APAC is the production hub for automation technologies due to the presence of major companies such as Yokogawa Electric, Mitsubishi Electric, and OMRON. Renewable energy, smart grids, water & wastewater, and transportation sectors are expected to drive the growth of the SCADA market in APAC. Automation is increasing in APAC because of the rising necessity for high-quality products, along with increased production rates.

Schneider Electric, Emerson Electric, Rockwell Automation, ABB, Siemens, Honewell International, and Mitsubishi Electric, among others, are some of the key players offering SCADA systems.

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IoT Sensors Market expected to reach $29.6 billion by 2026

The report "IoT Sensors Market with COVID-19 impact by Sensor type, Network Technology, Vertical, Application, and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2026", is expected to grow from USD 8.4 billion in 2021 to USD 29.6 billion by 2026; it is expected to grow at a CAGR of 28.6% during 2021–2026. Increasing use of sensors in IoT applications due to cost and size reduction, and technological advancement, and Introduction of 3GPP Release 13 and Release 14 specifications are the key factors driving the growth of the IoT sensors market. The Growth of Internet penetration rate and High demand for connected and wearables devices are factors propelling the growth of the IoT sensors market.

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Browse 147 market data Tables and 72 Figures spread through 300 Pages and in-depth TOC on "IoT Sensors Market with COVID-19 impact by Sensor type, Network Technology, Vertical, Application, and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/sensors-iot-market-26520972.html

“Pressure sensor to hold the largest share of the IoT sensors market in 2020”

The market for pressure sensors is largely driven by increased concerns regarding safety, comfort levels, and reduction in automobile emissions. The regulatory mandates requiring the compulsory installation of onboard diagnostics to reduce greenhouse gas emissions will further lead to growth in demand for pressure sensors.

“The market for the Industrial IoT vertical to hold the largest share of the IoT sensors market in 2020”

The key factor fueling the growth of the industrial IoT segment of the IoT sensors market is the requirement to implement predictive maintenance techniques in different industries to monitor the working of industrial equipment to avoid unscheduled downtimes in production cycles. The intelligent wireless sensors constantly monitor parameters of critical processes in industrial environments, thereby leading to the increased operational efficiencies of industries.

APAC is expected to hold the largest market share during the forecast period

Countries such as India, China, Japan, South Korea, and Australia are key contributors to the growth and the development of the IoT sensors market in APAC. The growing penetration of the Internet across commercial and residential spaces, along with broadening consumer base, increasing disposable income of the masses, and improving IT infrastructures are some key determinants supplementing the growth of the IoT sensors market in APAC.

Texas Instruments (US), TE Connectivity (Switzerland), Broadcom (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), Bosch Sensortec (Germany), TDK (Japan), Infineon Technologies (Germany), Analog Devices (US), Omron (Japan) are the key players in the market.

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