The global Industrial IoT Display market size is estimated to be USD 0.9 billion in 2023 and is projected to reach 1.6 billion by 2028, at a CAGR of 13.3% during the forecast period. The growing adoption of Industry 4.0 and the increasing demand of HMI devices play a key role in driving the growth of Industrial IoT Display market in near future. The Industrial IoT (Internet of...

The industrial automation oil & gas market is projected to grow from USD 14.9 billion in 2020 to USD 18.7 billion by 2025; it is expected to grow at a CAGR of 4.7% from 2020 to 2025. The key factors fueling the growth of the market IIoT adding value in the industrial automation and optimum and effective exploration of aging reservoirs. The field instruments to hold the largest...

The LiDAR market is projected to grow from USD 1.4 billion in 2023 to USD 3.7 billion in 2028; it is expected to grow at a CAGR of 19.4%  from 2023 to 2028. The growth of the market is attributed to rising adoption of LiDAR systems in UAVs, and use of LiDAR geographical information system (GIS) applications. During the forecast period, LiDARs with 3D & 4D technology providing...

The global educational robot market size is expected to grow from USD 1.4 billion in 2022 to USD 3.2 billion by 2027, at a CAGR of 17.3% during the forecasted period. The major drivers for the growth of educational robot market include growing demand for collaborative robots in educational and industrial sector, increase in research and product development of humanoid robots to...

The global Hardware security module market size is projected to grow from USD 1.1 Billion in 2022  to USD 2.0 Billion by 2027;  it is expected to grow at a CAGR of 13.1% from 2022 to 2027 The key factors contributing to the growth of the Hardware security module market include the requirement for effective management of cryptographic keys, and the need to follow...

The global mining automation market size is estimated to be USD 3.1 billion in 2022 and is projected to reach USD 4.2 billion by 2027, at a CAGR of 6.3%. Growing digital transformation of worldwide mining industry, rising focus on improving worker safety, and increasing need for improving productivity at mines are major factors driving the growth of the mining automation market....

The optical waveguide market is projected to grow from USD 6.6 billion in 2023 and is projected to reach USD 9.5 billion by 2028; it is expected to grow at a CAGR of 7.3% from 2023 to 2028. The growth of this market is driven by factors such as surging demand for high bandwidth, growing deployment of 5G telecommunication networks, and rising number of data centers worldwide. Planar waveguide...

The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028. Efficient Asset Management: GPS tracking devices offer businesses a robust solution for efficient asset management. Whether it's a fleet of vehicles, valuable equipment, or shipments, real-time location updates...

 The global sanitary pumps and valves market size is expected to grow from USD 2.1 billion in 2023 to USD 2.5 billion by 2028, at a CAGR of 3.6% during the forecast period. Sanitary pumps and valves play a key role in preventing slurries or liquids from contamination. These pumps and valves are made of non-corrosive materials, which help prevent alcoholic beverages, nonalcoholic...

 The 3D metrology market is valued at USD 11.2 billion in 2023 and is projected to reach USD 16.4 billion by 2028, growing at a CAGR of 8.0% during the forecast period. The growing need for increased production speed by electronics manufacturing services companies, high focus on quality control in the manufacturing sector, increased research and development (R&D) investments,...