Search results for: 'ASEAN Automation and Control Systems Market'

The need for adapting Microelectromechanical Systems (MEMS) technologies is rooted in the requirement to enable high and faster on-chip data processing needs across all industries. MEMS technology has drastically evolved over the years with a high need for miniature smart sensors with high efficiency. The key factors that are driving the MEMS tech...

24 Aug 2021  |  Global  |  Market Research

Global Machine Vision Growth Opportunities

High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market

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The global machine vision market revenue in 2020 is $10.28 billion and is forecast to record a 6.4% CAGR between 2020 and 2025. The market took a major hit in 2020 due to the COVID-19 pandemic, with sales declining 4.6% from 2019. However, Frost & Sullivan expects that market to register 3.8% growth in 2021. Positive trends in pharmaceuticals, food...

The proliferation of IoT is driving demand for smart computing devices that offer an array of features and services such as real-time access to information, resources, and communications. To keep pace with these enhancements, devices have become more powerful and more complex, driving the need to integrate multiple systems on a single IC. A SoC int...

02 Feb 2021  |  Global  |  Market Research

Big Data Analytics and Artificial Intelligence are Driving the Global LIMS Market

Data-based Decision Making and Laboratory Automation are Driving Market Growth

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A laboratory information management system (LIMS) is a type of application that is designed to enhance laboratory quality and performance by keeping track of data relating to samples, tests, workflows, and equipment. Cloud LIMS and data integration analysis are driving demand for LIMS across the world. Pharmaceuticals and life sciences applicatio...

29 Sep 2021  |  Global  |  Market Research

Global Industrial Computed Tomography (CT) System Growth Opportunities

Growing Structural Complexity Of Components, Tighter Tolerances, Evolving CT Software Solutions With AI/ML Capabilities, and Growing Additive Manufacturing (AM) Integration in Production Flow Will Drive Next Phase of Growth in Industrial CT Systems

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Key Issues Addressed

Industrial Computed Tomography (CT) systems are equipment used for dimensional measurement and defect inspection for external and internal aspects of manufactured parts, assemblies, and sub-assemblies. A key factor driving the need for industrial CT systems is the growing complexity in design and manufacturing of components that utilize new process...

17 Feb 2021  |  Global  |  Market Research

Accelerating Advanced Driver-assistance Systems (ADAS) Development Drives Growth in the Global Hardware-in-the-loop Testing Market

Future Growth Potential Enhanced by Growth Opportunities in Electric Vehicles and Aerospace and Defense Technologies

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The development of vehicles with enhanced ADAS capabilities is an important driver for the hardware-in-the-loop (HIL) testing market. This is driven by the requirement for a solution that can cost-efficiently validate the number of electronic control units ECUs incorporated into these vehicles in a short timeframe. The demand for innovative HIL tes...

With the growing legalization of adult recreational and medicinal cannabis, there is an increasing need for rigorous and accurate analytical testing to assure consumer safety. This has increased the demand for analytical testing instruments. Analytical instrumentation applications include regulatory compliance testing, product manufacturing, qualit...

18 Nov 2021  |  Global  |  Market Research

Global Terabit Ethernet Testing Solutions Growth Opportunities

Future Growth Potential Encouraged by 5G Deployments, Rapid Developments in Next Generation 800GbE and 1.6TbE, and Hyperscale Clou

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The global terabit ethernet (TbE) testing solutions market was worth $62.3 million in 2020 and will reach $203.6 million by 2025, corresponding to incremental growth of $141.3 million and a compound annual growth rate (CAGR) of 26.7% between 2020 and 2025. The market had exorbitant growth rates in 2019 and 2020; however, as the technology matures, ...

Field programmable gate arrays (FPGAs), application-specific integrated circuits (ASICs), and application-specific standard products (ASSPs) are logic devices that are typically used to manage the interchange of digital signals within a system. While ASICs and ASSPs result in a lower unit cost, they are associated with high fixed costs and demand h...