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Showing posts with the label automation

Industrial Automation Sensors Market - Global Opportunity Analysis and Industry Forecast (2022-2029)

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Meticulous Research ® —a leading global market research company, published a research report titled,  ‘ Industrial Automation Sensors Market  by Sensor Type (Level Sensors, Flow Sensors), Type (Contact Sensors, Non-contact Sensors), Mode of Automation, End User, and Geography—Global Forecasts to 2029.’ The industrial automation sensors market is expected to reach $22.59 billion by 2029 at a CAGR of 9.6% from 2022 to 2029. The growth of this market is attributed to the rising adoption of industry 4.0 and IIoT in manufacturing, the surging demand for smart sensor-enabled wearable devices, and the growing technological advancements in industrial sensors. Furthermore, the adoption of predictive maintenance and the increasing demand for smart sensors from automobile manufacturers to enable safety are expected to offer significant opportunities for the growth of this market. However, the high installation cost of sensor networks is expected to hinder the growth of this market to...

3D Machine Vision Market - Global Opportunity Analysis and Industry Forecast (2020-2027)

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Meticulous Research®—a leading global market research company published a research report titled  “ 3D Machine Vision Market  by Component (Hardware, Software), Product, Application, End-User (Industrial [Automotive, Electronics & Semiconductor, Food & Beverage], Commercial [Healthcare, ITS], Government), and Geography—Global Forecasts to 2028.” According to this latest publication from Meticulous Research ® , the 3D machine vision market is projected to reach $3.1 billion by 2028, growing at a CAGR of 12.1% during the forecast period. This market is largely driven by the growing demand for automated quality inspection technologies, vision-guided robotic systems, and the advent of Industry 4.0. However, depth errors caused due to shiny surfaces and complexity in integrating 3D machine vision systems are expected to hamper the growth of this market to a certain extent. The 3D machine vision market is segmented based on component (hardware [camera, frame grabbers, ...

Edge Data Centers Market- Global Opportunity Analysis and Industry Forecast (2023-2030)

Meticulous Research ® —a leading global market research company, published a report titled,  Edge Data Center Market , by Component, Organization Size, Application (Smart Cities, Factory Automation, Connected Healthcare, Others), and End User (Healthcare, Energy & Utilities, Automotive, Telecommunication) and Geography—Global   Forecasts to 2030.’ According to the latest publication from Meticulous Research ® , the edge data centers market is projected to reach $45.2 billion by 2030, at a CAGR of 17.8% during the forecast period 2023–2030.  The growth of this market is attributed to the rising need for edge data centers in industrial IoT, growing demand for low-latency processing and real-time automated decision-making solutions, and the proliferation of online video streaming. The emergence of autonomous vehicles, commercialization of 5G, rising investments by enterprises, telecommunications in edge data centers to speed up various applic...