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Pressure Sensor Market is expected to reach USD 11.91 billion by 2025

 The global Pressure Sensor Market is expected to reach USD 11.91 billion by 2025. A pressure sensor can be defined as a device that is used to sense pressure changes and translate it into an electrical signal, that can be moderated depending on the strength of pressure. Factors, such as advancements in MEMS & NEMS technologies for various applications, increase in use of pressure sensors in automotive industry. In addition, favorable regulations for use of pressure sensors and increase in demand for pressure sensors in consumer electronics are likely to drive the pressure sensor industry in the forthcoming period. On the other hand, intense pricing pressure is anticipated to hinder pressure sensor market growth in the future. However, the increasing demand for pressure sensors in numerous applications is likely to create lucrative opportunities for the market. Pressure sensor industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product t...

Machine Translation Market anticipated to reach USD 983.3 million by 2022

 The global machine translation market is anticipated to reach USD 983.3 million by 2022. Increasing quantity of website content, growing requirement for cost competence in translation, and the huge quantity of language knowledge demanded exceeds the capability of human translation, which consecutively is expected to propel the machine translation industry. Globalization increases the demand to deal with the linguistic variety of local audiences and web content. The fabrication of content generated online, increasing the importance of business in budding markets, and the demand for allowing worldwide collaboration amongst employees is likely to drive machine translation industry growth over the forecast period. Machine translation price are far inferior to that of conventional human translation. It is also rapid than human translation. It is commonly utilized for soaring volume content that would or else take gigantic resources for translation, and this is likely to fuel the machin...

Global Smart Antenna Market expected to reach USD 8.95 billion by 2025

 Global Smart Antenna Market is expected to reach USD 8.95 billion by 2025 at a significant CAGR as the scope and its applications are rising enormously across the globe. Smart Antenna is also termed as multiple antennas, adaptive array antennas or digital antenna arrays. This antenna is a digital wireless communication antenna system that takes benefit of variety of effects at the receiver, transmitter, or both. Multiplicity effect includes the broadcast and/or reception of numerous radio frequency (RF) waves to rise data speed and decrease the error rate. The smart antenna market is expected to grow at a CAGR of 8.2% in the forecast period. Rising demand for wireless communication and high speed communication network, allows customization of data signals, and rapid urbanization are documented as major factors of smart antenna market that are estimated to enhance the growth in the years to come. However, high maintenance and manufacturing costs may restrain overall market growth i...

Global Wearable Camera Market expected to reach USD 10.9 billion by 2025

 Global Wearable Camera Market is expected to reach USD 10.9 billion by 2025. Wearable camera is an electronic device, which is merged into items of accessories and clothing that can securely be worn on the body. It is considered as an extension of the smartphone camera that can be easily operated. It allows customers to take video or pictures by using head mounts or body. It is exclusively used in sport, security, and adventure activities. The Wearable Camera Market is estimated to grow at a significant CAGR of 18.2% over the forecast period as the scope and its applications are rising enormously across the globe. Rising popularity of wearable camera among the populace, technology enhancement in camera technology, growing urbanization all over the globe, and high demand in government organizations and healthcare industries are documented as major factors of Wearable Camera Market that are estimated to enhance the growth in the years to come. Wearable Camera Market is segmented bas...

Canopy Market Scope is likely to reach US$ 2.1 billion by 2025

 Synopsis: The scope of the global Canopy Market was projected at US$ 1.6 billion in 2018. The scope is likely to reach US$ 2.1 billion by 2025. It would develop at a CAGR of 4.0% during the period of forecast. The canopies exist in various types such as portable garage canopies, large or event canopies, garden canopies, and shade canopies. Additionally, a canopy is able to be designed and factory-made by means of diverse materials comprising a variety of wood, metals, glass, and fabrics. The uses of the product differ dependent on the purposes of the end-use and the materials utilized for it. The manufacturing companies compete in the market by means of presenting the maximum appropriate and dependable products, thereby giving way to a number of end-user applications. In addition, they are involved in applying progressive technologies to develop inventive products, proposing extra benefits for example harvesting of rainwater and completing the demand for the canopies. Request a Sa...

Commercial Refrigeration Equipment Market Future Growth By In Depth Analysis, Size, Trends And Forecast

 The global Commercial Refrigeration Equipment Market is estimated to touch US$ 52.52 billion by the completion of the prediction period. The market was appreciated at US$ 31.0 billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing demand for wrapped foodstuff and liquid refreshment by means of greater development in hospitality business has headed toward important development of the business. Additionally, growing tendency concerning customer eating out and constant development of retail chains throughout the world comprising the Asia Pacific and Europe are backing the general development of the business. The commercial refrigeration equipment market on the source of Type of Application could span Foodstuff & Liquid refreshment Retail, Foodstuff & Liquid refreshment Production, Foodstuff & Liquid refreshment Circulation, Foodstuff Service. The subdivision of foodstuff services is estimated to observe an im...

Global Resilient Flooring Market size is anticipated to reach USD 9.96 billion by 2024

 Global Resilient Flooring Market size is anticipated to reach USD 9.96 billion by 2024. Resilient flooring is a mixture of natural and synthetic materials that is employed in the replacement for traditional hardwood flooring. The factors that propel the growth of the resilient flooring market include rapid industrialization and urbanization, high demand for resilient flooring in the residential segment, changing consumer lifestyles and trends, and huge number of home improvement and renovation activities. On the other hand, there are factors that may hamper the growth of the market including high cost of raw material. Resilient flooring industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Resilient flooring market could be explored by product type, material, application, and geography. The market could be explored by product type as Vinyl Composite Tiles, Luxury Vinyl Tiles, ...