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Testing, Inspection, and Certification Market worth $266.2 billion by 2024

According to the new market research report "Testing, Inspection, and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography - Global Forecast to 2024", the overall TIC market is expected to grow from USD 209.4 billion in 2019 to USD 266.2 billion by 2024—growing at a CAGR of 4.91%. Factors such as the increase in disposable income and rapid urbanization in developing economies; high growth in product recalls across the world; high adoption of outsourcing service models by worldwide manufacturers; increased requirement for harmonized standards; surge in illicit trading, counterfeiting, and piracy practices across the world; and enforcement of rigorous government regulations and standards across various sectors are driving the growth of the TIC market.

Testing services held the largest size of the TIC market, by service type, during the forecas

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Transparent Display Market Projected to reach $2,591 million by 2023

Transparent display is one of the rapidly growing technologies with an ability to display graphics and texts on a transparent screen that is used in various products. Transparent display is a technology to pass the ambient light from real objects behind a display panel such as a liquid crystal display (LCD) or an organic light emitting diode (OLED) display.

The transparent display market was valued at USD 280 million in 2017 and is expected to reach USD 2,591 million by 2023, at a CAGR of 44.7% from 2018 to 2023. The growth of the transparent display market is driven by growing demand for LCD-based transparent displays for various verticals, and increasing use of transparent displays for HMD and HUD products. High growth for OLED-based transparent display devices and high adoption of transparent displays for digital signage products are expected to provide huge growth opportunities to players in the transparent display market.

Download PDF Brochure @ https://www.marketsandmarkets.com

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Fuel Management System Market Expected to reach 707.4 million USD by 2023

According to the new market research report "Fuel Management System Market by Offering (Hardware, Software, and Services), Application (Fuel Storage Monitoring, and Access Control & Fuel Dispensing), Industry (Transportation & Logistics, and Oil & Gas), and Geography - Global Forecast to 2023", the fuel management system market is expected to grow from USD 515.9 million in 2018 to USD 707.4 million by 2023, at a CAGR of 6.52% between 2018 and 2023. The growth of this market can be attributed to the high demand for fuel management systems from the transportation and logistics industry for fuel storage monitoring, and access control and fuel dispensing applications.

Access control and fuel dispensing applications to hold larger share of fuel management system market in 2018

By application, access control and fuel dispensing leads the fuel management system market. High demand for fuel management systems from the transportation and logistics, mining and construction, and oil & gas indus

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Millimeter Wave Technology Market worth 2,302.6 Million USD by 2023

According to the new market research report "Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), Frequency Band, License Type, Application (Mobile and Telecom, Military, Defense, and Aerospace, Automotive), and Geography - Global Forecast to 2023", this market is expected to be worth USD 2,302.6 Million by 2023, at a CAGR of 35.2% between 2017 and 2023.

The major factors driving the growth of the millimeter wave  technology industry include the surge in mobile data traffic with bandwidth-intensive  applications, use in the small-cell  backhaul network, demand for innovative application of radar and security  products, and potential use in consumer electronics.

Telecommunication equipment expected to hold the largest market size by 2023

Millimeter wave technology-based telecommunication equipment held the largest market share in 2016. This is attributed to the surge in the number of mobile subscribers, resulting in the demand for efficient mob

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Leak Detection Market for Oil & Gas worth 3.38 Billion USD by 2022

According to the new market research report "Leak Detection Market for Oil & Gas by Technology (Acoustic, E-RTTM, Cable Based, Mass/Volume Balance, Laser Absorption and LIDAR, Vapor Sensing, Thermal Imaging), and Region - Global Forecast to 2022", the leak detection market for oil and gas is expected to be valued at USD 3.38 Billion by 2022, growing at a CAGR of 6.9% between 2016 and 2022.

The growth of this market can be attributed to the increasing incidents of leakages in the oil and gas pipelines and storage tanks at production facilities, development and expansion of existing pipelines and construction of new pipelines, and stringent government regulations pertaining to the implementation of leak detection systems.

“Acoustic/ultrasonic to hold the major share of the leak detection market for oil and gas during the forecast period“

The acoustic/ultrasonic technology is expected to lead the leak detection market for oil and gas between 2016 and 2022. The acoustic/ultrasonic techn

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Building Information Modeling Market worth 7.64 Billion USD by 2022

by nareshkumar8 days ago

According to the new market research report "Building Information Modeling Market by Type (Software, Services), Project life cycle (Pre-construction, Construction, Operation), Application (Buildings, Civil Infrastructure, Oil & Gas, Industrial, Utilities), Geography - Global Forecast to 2022", the market is expected to grow from USD 3.56 Billion in 2017 to USD 7.64 Billion in 2022, at a CAGR of 16.51% during the forecast period.                 

The optimized project performance and increased productivity; enhanced communication and coordination throughout the asset life cycle management process in the construction industry due to adoption of BIM; and government mandates for the usage of BIM in several developed countries are the key driving factors for the building information modeling market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387

Software are expected to lead the global BIM market between 2017 and 2022

The software segment held a

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Application Processor Market Insights | Key Players: Apple, Samsung Electronics

by nareshkumar11 days ago

The application processor market is expected to be valued at USD 29.0 billion in 2018 and is likely to reach USD 38.2 billion by 2023, at a CAGR of 5.63% during the forecast period. High demand for application processors from the consumer electronics industry is one of the major factors driving the growth of the market. Moreover, these processors are also increasingly being used in the automotive industry in automotive infotainment systems and ADAS systems; this factor is also expected to considerably boost the growth of the said market in the coming years.

Among all core types, the market for dual-core application processors is expected to grow at the highest rate from 2018 to 2023. Demand for smart wearables and automotive ADAS and infotainment devices are on rise; these devices being the main application areas of dual-core application processors, accelerate the growth of the dual-core application processor market. Besides, growing adoption of dual-core application processors in 4G

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Transparent Display Market worth $2,591 million by 2023

According to the new research report "Transparent Display Market by Product (HUD, HMD, Digital Signage, Smart Appliance), Vertical (Retail & Hospitality, Industrial, Aerospace & Defense, Automotive & Transportation), Display Size, Resolution, Technology, and Geography - Global Forecast to 2023", the transparent display market is expected to grow from USD 408 million in 2018 to USD 2,591 million by 2023, at a CAGR of 44.7%. The growth of the transparent display market is driven by various factors, such as growing demand for LCD based transparent displays for various verticals and increasing use of transparent displays for HMD and HUD products. High growth for OLED-based transparent display devices and high adoption of transparent displays for digital signage products are expected to provide huge growth opportunities to players in the transparent display market.

Market for HMD products to grow at the highest CAGR during 2018–2023

The market for HMD products is expected to grow at the h

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Fire Protection System Market Projected to reach $88.94 billion by 2024

by nareshkumar13 days ago

According to the new market research report "Fire Protection System Market by Product (Fire Detection (Flame, Smoke (Photoelectric, Ionization, Dual), Heat), Fire Suppression, Fire Sprinkler (Dry, Wet, Pre-Action, Deluge), Fire Analysis, Fire Response), Service, Vertical - Global Forecast to 2024", the fire protection system market is expected to grow from USD 57.33 billion in 2018 to USD 88.94 billion by 2024, at a CAGR of 7.6% from 2018 to 2024. Rise in deaths and loss of property due to fire breakouts, stringent government regulations and mandates, rising demand for wireless technologies for fire detection, and technological advancements in the construction industry are driving the growth of the fire protection system market.

Fire suppression systems held largest size of fire protection system market in 2017

Fire suppression systems held the largest market size in 2017. Fire suppression system starts operating once it receives fire alerts from different sensors and detectors. By s

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Machine Condition Monitoring Market Projected to reach 3.50 Billion USD by 2024

According to the new market research report on the "Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, MCA), Deployment (On Premise, Cloud), Monitoring Process (Online, Portable), Offering, Industry, and Region - Global Forecast to 2024", The machine condition monitoring market is estimated to grow from USD 2.38 Billion in 2018 to USD 3.50 Billion by 2024, at a CAGR of 6.7% between 2018 and 2024. Factors such as the development of a secure cloud computing platform, increased use of wireless communication technology for condition monitoring of equipment, and inclination of end users toward predictive maintenance are driving the growth of the machine condition monitoring market at present.

The motor current analysis technique is expected to witness the highest CAGR during the forecast period

The market for the motor current analysis technique is expected to grow at the highest CAGR between 2018 and 2024. Defects such as curren

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