The portable humidifiers market has experienced a plethora of investments in the recent past. Companies have focused on the expansion of their product portfolio for increasing their sales. In January 2020, Proctor and Gamble acquired Billie Inc., to increase their production capacity and portfolio.
With the progression in technology, manufacturers are building up printers that are small and provide strong connectivity to smartphones through Bluetooth connections. Moreover, the smartphone market is witnessing high growth since smartphone access is increased, thus mobile photo printers are anticipated to see robust growth in the market, globally.
Plastic films exhibit unique properties as they are made from various types of resins, each having unique characteristics. Plastic films are thin and continuous polymeric material. Substituting glass and metal, plastic films have acquired high demand. Plastic films are affordable when it comes to industrial applications, decoration and packaging.
Thermo ventilators are electric appliances that heat and circulate air in a room. They can be built into a wall or freestanding. The global Thermo Ventilators Market was valued $2.4 Bn in 2017 and is expected to reach $4.2 Bn by 2026, at a CAGR of 7.25 % during the forecast period.
A data historian solution records data acquired during a process and retrieves it by time. Data historian software can store data efficiently with low disk storage requirements and fast retrieval.
A smart meter is a recording device that records consumption of a utility and relays the data to the utility company for monitoring and billing. Smart Meter Market is valued at $8,713.8 Million in 2018 and expected to reach $15,355.1 Million by 2025 with the CAGR of 8.43% over the forecast period.
Increasing application of CCTV cameras in various industrial sectors such as retail, commercial infrastructure, government and others is expected to boost the growth of the CCTV cameras market during the forecast period. Additionally, the advent of high mega pixel cameras is also further driving the CCTV cameras market.
A manufacturing execution system is used in computerized manufacturing industries for tracking and certifying the transformation of raw materials into finished goods. Furthermore, a manufacturing execution system (MES) is an information system that connects the control complex manufacturing system with data flow and monitor on the factory floor.
According to a new market research report published by Credence Research, the overall connected retail market had registered a market value of $15.40 Bn in 2018 and is set to grow with a CAGR of 20.6 % during the forecast period.
The rise in need for efficient energy related inventions in infrastructure industry, increased market for Building automation and control system, and growth in the use of Internet of Things (IoT) in the building management system are some of the factors which are increasing the growth of the smart building market.
According to a new market research report published by Credence Research, The overall fall protection equipment market worldwide is set to grow with a CAGR of 7.6% during the forecast period from 2019 to 2027, starting from $1.65 billion in 2018.”
Gas leak detectors are utilized to identify and warn about combustible and toxic gases. A variety of industries are concentrating on the employment of sophisticated portable gas leak detectors to maintain safety. The requirement for portable gas detectors is rising because they ensure enhanced personal safety in dangerous work environments.
The ultrasonic sensors are used for liquid level measurement, object detection, distance measurement, anti collision detection and pallet detection among others. Ultrasonic sensors are used to improve the operational efficiency and provide additional safety in manufacturing facilities. This is one of the major factors fueling the demand for ultrasonic sensors globally.