The programmable logic controller (PLC) market was valued at USD 3897.36 million in 2019 and is expected to reach USD 4292.22 million by 2025, at a CAGR of 3.7% over the forecast period (2020 - 2025). The deployment of PLC systems enables the identification and rectification of errors and can initiate rapid responses even without human intervention....
The North America heating equipment market in North America was valued at US$ 7,610.8 million in 2019 and is projected to reach US$ 11,839.8 million by 2027; it is expected to grow at a CAGR of 6.0% from 2020 to 2027. There is a huge demand for air conditioning systems in the US, which ultimately drives the demand for heating equipment...
The radar sensors market was valued at USD 10.32 billion in 2019, and it is expected to reach USD 22 billion by 2025, registering a CAGR of 18.36% during (2020 - 2025). The rapidly increasing automation, such as the developments toward autonomous driving and the progression of Industry 4.0, indicates the increasing demand for presence and...
Digital Door Lock System Market Research Report by Type (Biometrics, Keypad Locks, and RFID Locks), by End User (Commercial, Government, Industrial, and Residential) - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five major currencies...
Electric AC Motors Market Research Report by Type (Induction AC Motors and Synchronous AC Motors), by Voltage (Fractional HP Output and Integral HP Output), by End Use - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five major currencies...
The global industrial services market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. The growth of the industrial services market is attributed to the growing need for operational excellence, increasing demand for maintenance-as-a-service, and...
The data center cooling market was valued at USD 8.07 billion in 2019 and is expected to reach a value of USD 16.62 billion by 2025 at a CAGR of 12.5% during the forecast period 2020-2025. There has been a surge in the number of data centers due to high computational requirements by AI and Media applications. Furthermore, the growth is going...
The Europe GPS anti-jamming market is expected to grow from US$ 853.7 million in 2019 to US$ 1,254.5 million by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027. The GPS technology has revolutionized modern warfare, and military organizations in European countries rely on this technology for accurate positioning and...
This IDC Market Perspective provides an overview of the utilities industry in 3Q20, covering M&As, agreements, reorganizations, and major business developments; new financing deals; major traditional infrastructure projects; major renewables infrastructure projects; water developments; major hybrid and battery energy storage projects;...
The global modular UPS market size is expected to grow from USD 3.7 billion in 2020 to USD 6.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. The major factors driving the growth of the Modular UPS industry include the increasing demand for zero power downtime from various sectors, growing need...