The global photoelectric sensors market size is expected to reach USD 2.09 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.1% CAGR during the forecast period. These sensors are widely used in packaging and manufacturing industries as they offer numerous advantages such as cost effectiveness, long sensing distances, fast response time, and…
The global gallium nitride (GaN) semiconductor devices market is expected to reach USD 4.37 billionby 2025, according to a new study by Grand View Research, Inc. The growing applications of GaN in a wide variety of semiconductor devices are expected to augment the market growth. Additionally, the rapid technological advancements in performance of GaN-based semiconductors are anticipated to…
Global 3D displays market is expected to reach USD 245.91 billion by 2022, according to a new study by Grand View Research, Inc. Growing consumer demand for enhanced imaging and viewing technology is expected to be a crucial factor for driving 3D displays market. Asia Pacific was estimated as the highest revenue generating segment and is expected to grow at a…
The global hybrid fiber optic connectors market is expected to reach USD 1.06 billion by 2025 growing at a CAGR of 7.7% from 2017 to 2025, according to a new report by Grand View Research, Inc. The demand for high-performance fiber optic connectors is increasing in order to assure adequate optical, mechanical, and environmental performance in various industries, such…
The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive…
The global head up displays (HUD) market size is expected to reach $3.5 billion by 2025, according to a new report by Grand View Research, Inc. In terms of shipments HUD systems demand would reach 34.87 million units by the year 2025. A Head Up Display is computerized systems that projects information onto the screen in vicinity to the…
The global membrane switch market is expected to reach USD 13.14 billion by 2025, according to a new report by Grand View Research, Inc. Membrane switch demand is significantly growing worldwide on account of high application scope coupled with increasing consumption in consumer goods application. The membrane switch value chain is characterized by manufacturers of membrane switches, suppliers and…
The global Biometric Sensor Market size is expected to reach USD 1.83 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation and increasing demand in commercial buildings, consumer electronics, and banking applications are expected to drive the market growth. The development of advanced multimodal techniques for biometric authentication and recognition techniques, which employ…
San Francisco, Calif. – Global FPGA (Field-Programmable Gate Array) industry is estimated to account for USD 9,882.5 million by 2020. Consumer electronics industry growth owing to rising demand for smart devices such as phablets and smartphones is projected to be key driver for market growth. Upsurge in electronic utilities and functionalities in the automotive sector may trigger…
San Francisco, Calif. — The global magnetic sensors market size is expected to reach USD 3.65 billion by 2022 according to a new report by Grand View Research, Inc. Technological advancements and an increased awareness regarding vehicle safety are anticipated to drive the global magnetic sensors market growth over the forecast period. Escalating demand for GPS & navigation enabled…