Eric Martin

Eric Martin
Member since Feb 14, 2022

by Eric Martin on Jul 21, 2022

Business

4 Views

According to the Market Statsville Group (MSG), the global smart sound and gateway market size is expected to grow from USD 438.4 million in 2021 to USD 4,397.7 million by 2030, at a CAGR of 29.2% from 2022 to 2030. A smart speaker is a wireless device offering smart audio playback using several types of connectivity for additional functions. The study focuses on smart speakers with both display and non-display offerings. The devices that operate with a virtual assistant are considered under the scope of the study, and the devices that offer multiple virtual voice assistant support are considered under ‘Multiple Virtual Assistant Support Speakers’. Due to high-speed internet and increased access to smartphones the global demand for smart speakers is increasing at an exponential rate. In English-speaking nations, such as the UK and the US, demand for smart speakers with virtual voice assistants was significantly higher in 2019. Since ... Continue reading →

by Eric Martin on Jul 19, 2022

Business

2 Views

As per the Market Statsville Group, the global active optical cable market size is estimated to grow USD 17,078.2 million by 2030 from USD 2,297.3 million in 2021, at a CAGR of 28.5% from 2022 to 2030. The global active optical cable market increased revenue is due to the increased adoption across various regions on its advantages over other communication cables. Information is transmitted through optical cables using light that has been reflected due to total internal reflection. The global active optical cable market is rapidly expanding and replacing copper wires; further advances in optical fiber technology are expected to increase the use of active optical cables. Factors such as an increase in bandwidth requirements, huge data center deployments, and the rise in virtualization and cloud-based service adoption drive the global growth of the active optical cable market. However, the high implementation cost of AOCs and vulnerability to physical ... Continue reading →

by Eric Martin on Jul 19, 2022

Business

4 Views

Description According to the Market Statsville Group (MSG), the global K-12 student information system market size is expected to grow at a CAGR of 17.3% during the forecast period (2022-2030). The major factors expanding the market growth include the rising demand for a reliable solution to manage educational institutions’ day-to-day operations. In addition, the growing dependency on digital technologies such as cloud, IoT, analytics, and big data, which are utilized to manage various activities of educational institutions, is expected to support the market growth in the coming years. Global K-12 Student Information System Market Definition The Student Information System (SIS) is a computer system that manages various student data. Registered staff members can view, amend, and report student records via the SIS. The system also feeds the necessary data to several other computer systems. The term “K-12” refers to the years of supported ... Continue reading →

by Eric Martin on Jul 18, 2022

Business

5 Views

Description According to the Market Statsville Group (MSG), the global panel mount solid state relay market size is expected to grow at a CAGR of 5.8% from 2022 to 2030. Panel mount solid state relays are designed for easy mounting on flat panels or heat sinks with screws through the SSR (Super Sport Roadster) baseplate. Various factors such as growing demand across various end-use verticals will drive the market's growth. The emerging and evolving semiconductor industry and its use in the semiconductor industry will propel the market's growth during the forevast period. COVID-19 Impact on the Global Panel Mount Solid State Relay Market COVID-19 had a negative impact on the market’s growth during the first half of the year 2020. Due to the global lockdown, the supply of raw materials from China and the US was disrupted drastically. Trade restrictions and halted manufacturing resulted in demand and supply gaps, contributing to negative market ... Continue reading →

by Eric Martin on Jul 15, 2022

Business

6 Views

The global coin sorter market size was estimated to be USD 4,186 million in 2021 and to reach USD 6,905.20 million in 2027, registering a CAGR of 8.7% during the forecast period, 2021-2027. The growth of the coin sorter market is significantly associated with cash-intensive like banks, all-sized retail stores, and commercial units that have to efficiently deal with the increase in demand for self-serving machines that help them save on time and human effort to deliver the accuracy ultimately. An escalating rate of automated cash handling products and surge in demand for technologically advanced self-service machines are projected to provide a collective push to the global coin sorter market. Key Growth Influencers to be Associated with Coin Sorter Industry over Forecast Period The lightweight, flexible, easily adjustable, and convenient set-up modular coin sorters will continue to garner traction worldwide. The market revenue is expected to experience gradual ... Continue reading →

by Eric Martin on Jul 15, 2022

Business

6 Views

From 2020 to 2027, the worldwide silicone potting compounds market is expected to grow at a CAGR of 4.0%, from USD 949.2 million in 2020 to USD 1,247.2 million in 2027. The process of filling an electronics component with solid chemicals to protect it from the environment is known as potting. Potting compounds are commonly used to insulate and protect electronic components from moisture. The potting procedure can be done manually or with the use of automated meter mix dispensing equipment. Silicone, polyurethane, epoxy, and other potting ingredients are commonly utilized. Silicone polymers have a wide operating temperature range, a high hardness range, great chemical, humidity, and water resistance, excellent electrical characteristics, and are simple to work with. The demand for silicone potting compounds is anticipated to increase in the near future, owing to the boom in the electronics industry. In addition, the rise in the need to shield sensitive ... Continue reading →

by Eric Martin on Jul 15, 2022

Business

4 Views

Description The global industrial lasers systems market was valued at USD 1,519.3 million in 2020 to USD 2741.86 million by 2027, at a CAGR of 8.8% from 2021 to 2027. Laser is an acronym for light amplification by stimulated emission of radiation, which has a specific wavelength, creating high-intensity light. It is used in various industrial applications such as cutting, welding, non-metal processing, additive manufacturing, etc. The laser is a robust and compact marking system that produces high-quality images through computer components such as printed circuit boards. Laser marking is used for marking unique identification numbers on machines and devices to identify and improve safety. In addition, marking comprises various sub-applications such as engraving, annealing, ablation, tempering, foaming, and coloring. Good beam quality provided by lasers produces smaller linewidths, higher marking speed, and sharper contours. Furthermore, the laser is used to ... Continue reading →

by Eric Martin on Jul 14, 2022

Business

6 Views

Description Global EAS Systems Market: by Component (Electronic Antenna, Electric Tag, and Deactivator), by Type (Microwave, Mangneto-Harmonic, Radio Frequency, and Acuosto-Magnetic), by Application (Clothing & Fashion Accessory, Supermarket, and Large Grocery, Cosmetic/Pharmacy, Automotive and Industrial, and Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027) The EAS systems market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region-wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive market analyses, capturing all the EAS systems market aspects. Request for a sample report ... Continue reading →

by Eric Martin on Jul 14, 2022

Business

6 Views

Description Global Distributed Control System Market: by Component (Hardware, Software, and Services), by End-User (Pharmaceuticals, Oil & Gas, Food & Beverages, Chemical, Power Generation, and Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027) The distributed control system market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region-wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the distributed control system market aspects. Request for a sample report here: https://www.marketstatsville.com/request-sample/distributed-control-system-market  ... Continue reading →

by Eric Martin on Jul 14, 2022

Business

3 Views

Description Global Distributed Control System Market: by Component (Hardware, Software, and Services), by End-User (Pharmaceuticals, Oil & Gas, Food & Beverages, Chemical, Power Generation, and Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027) The distributed control system market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region-wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the distributed control system market aspects. Request for a sample report here: https://www.marketstatsville.com/request-sample/distributed-control-system-market  ... Continue reading →

by Eric Martin on Jul 12, 2022

Business

12 Views

Description The global artificial intelligence (AI) chipset market size is expected to be USD 8.6 billion in 2021 and reach USD 61.76 billion in 2027, registering a CAGR of 38.90% during the forecast period 2021-2027. Specialized silicon chips are artificial intelligence (AI) chips that implement AI technologies are used for machine learning. The global market for artificial intelligence chips is segmented according to chip size, application, vertical industry, technology, processing type, and location. Across several verticals of business, AI helps reduce or mitigate the danger to human life. Due to the growing data volume, the need for more effective systems to solve mathematical and computational problems is becoming critical. Therefore, most of the IT industry's leading players have focused on designing AI chips and applications. Besides, the emergence of quantum computing and increased implementation of AI chips in robotics is driving the global ... Continue reading →

by Eric Martin on Jul 11, 2022

Business

5 Views

Description The global coal bed methane market size is expected to reach USD 21.67 billion by 2027 from USD 13.46 billion in 2020 and is expected to grow with a CAGR of 7.91% during the forecast period. Coal bed methane (CBM) is the natural gas found in most coal deposits. It is created during coalification, where plant material is converted into coal over millions of years. In addition, CBM consists of pure methane, a clean-burning fuel that contains lesser impurities and requires minimal processing. It is considered eco-friendly than oil, coal, or even conventional natural gas. These benefits have augmented the growth of the coal bed methane market. Factors Affecting the Coal Bed Methane Market over the Forecast Period: The increasing consumer demand for power across numerous residential, industrial, and commercial sectors is estimated to fuel the demand for coal bed methane across the globe. Additionally, changing preferences to use eco-friendly power ... Continue reading →

by Eric Martin on Jul 11, 2022

Business

7 Views

Description According to the Market Statsville Group (MSG), the global automotive logging device market size is expected to grow from USD 13.6 billion in 2021 to USD 18.7 billion by 2030, at a CAGR of 4.1% from 2022 to 2030. Automotive logging device systems are useful to check the health of vehicle components periodically; it is also helpful in tracking and monitoring the driver's activities and the vehicle condition. An automotive logging device tracks location, engine performance, and working hours and also maintains records of the time, date, and performance. The automotive logging device market is presently in its growth stage and is expected to register substantial growth in the future. Factors that driving the market growth include increased demand for automobiles, government rules mandating the incorporation of the automotive logging device in vehicles to record and fulfill the hours of service compliance, increased digitization in ... Continue reading →

by Eric Martin on Jul 8, 2022

Business

5 Views

The hydrogen combustion engines market is estimated to project a CAGR of 8.7% during the forecast period. Hydrogen–combustion engines, typically the modified version of the conventional gasoline–powered combustion engines, require hydrogen fuel for the vehicle’s propulsion. These engines can leverage present technologies, delivering a zero–emissions solution for special applications while encouraging the growth of hydrogen infrastructure globally. Moreover, numerous companies are investing in R&D to introduce efficient hydrogen–combustion engines for all types of vehicles, which is supporting the market growth globally. For instance, in August 2021, Rio Tinto and Komatsu partnered for zero–emission mining, including hydrogen trucks. Get PDF for more Professional and Technical insights: https://www.marketstatsville.com/request-sample/hydrogen-combustion-engines-market The hydrogen ... Continue reading →

by Eric Martin on Jul 8, 2022

Business

6 Views

The Market Statsville Group (MSG) publishes the new report on the "Data Center Construction Market by Infrastructure (Electrical Infrastructure (UPS Systems, and Other Electrical Infrastructure), Mechanical Infrastructure (Cooling Systems, Racks, and Other Mechanical Infrastructure), and General Construction), by Tire Type (Tier-I and II, Tier-III, and Tier-IV), by Enterprise Size (Small and Medium-scale Enterprise and Large-scale Enterprise), by End-Users (Banking, Financial Services, and Insurance, IT and Telecommunications, Government and Defense, Healthcare, and Other End Users), by Region – Global Share and Forecast to 2030". The global data center construction market size was USD 59.7 billion in 2021. It is estimated to reach USD 163.2 billion by 2030, registering a CAGR of 13.4% from 2022-2030. With the need to reduce infrastructure costs, the adoption of colocation services increased significantly. The colocation services can be ... Continue reading →

by Eric Martin on Jul 8, 2022

Business

5 Views

The Market Statsville Group (MSG) publishes the new report on the "Clinical Trials Market by Phase (Phase I, Phase II, Phase III, and Phase IV), by Design (Treatment Studies and Observational Studies), by Region – Global Share and Forecast to 2030". The global clinical trials market size is estimated to grow USD 59,570.1 million by 2030 from USD 39,710.2 million in 2021, at a CAGR of 5.2% from 2022 to 2030. Activities in the pharmaceutical industry have remarkable socio-economic impacts in investments in R&D and manufacturing. Research and development are the "backbone" for success in any drug discovery program. Thus, the expenses of pharmaceutical R&D spending serve as an important metric to show a company's commitment to finding new drugs. This will increase the adoption of clinical trials imaging solution for drug discovery purposes. For most pharmaceutical and biotechnological companies, clinical development and ... Continue reading →

by Eric Martin on Jul 7, 2022

Business

5 Views

Theglobal servo motors drive market size is expected to grow from USD 13.6 billion in 2020 to USD 18.6 billion by 2027, at a CAGR of 5.4% from 2021 to 2027. A servo motor is a self-contained electrical device that provides intricate position control to rotate the parts of a machine. It has a regular motor attached to a sensor for positional feedback. The servo motor is a closed-loop mechanism incorporating positional feedback to control rotational or linear speed and position. Servo motors and drives are critical parts of a machine and are used in many applications such as industrial robots, automation, CNC machinery, and others. A servo driver also called an amplifier, can receive control signals from all controllers and amplify them to give the motor a certain amount of voltage and current. Servo drives are generally used in robotics, automation, CNC machining, and manufacturing semiconductors. Servo motors and drives can be segmented into AC motor and drive and ... Continue reading →

by Eric Martin on Jul 6, 2022

Business

6 Views

The global database encryption market was estimated to be USD 795.35 million in 2021 and reach USD 3881.72 million by 2027, registering a CAGR of 30.24% from 2021 to 2027. The rising demand for cloud-based encryption software, the safety of stored data, and the prevention of pirated data or theft are major driving factors for the database encryption market. Moreover, the market players’ continuous rise in R&D spending to diversify its applications in untapped businesses is further expected to improve its consumption across the globe. However, factors such as the high cost of encryption solutions and lack of proper key management are some of the factors restraining the market’s growth. Get Full PDF Sample Copy of Report: https://www.marketstatsville.com/request-sample/database-encryption-market Database encryption can be defined as the process of data translation within a specific database from the plain text and ciphered into a specific ... Continue reading →

by Eric Martin on Jul 6, 2022

Business

6 Views

The global OTC drugs market size is estimated to be USD 164.65 billion in 2021 and reach USD 269.36 billion in 2027, registering a CAGR of 8.55% during the forecast period, 2021-2027. Over-the-counter (OTC) drugs are defined as the class of medicines that can be acquired directly by a consumer devoid of a prescription from a healthcare professional. OTC drugs are often known as non-prescription medicines. These drugs are safe and effective choices if they are administered in accordance with the directions delivered by healthcare professionals. Over-the-counter drugs are essentially used to treat conditions that do not require direct medical consultation. The OTC drugs market is booming with the allowance of earlier high-priced drugs, leading to a significant shift to the OTC category. Factors Affecting the OTC Drugs Industry over the Forecast Period The increasing adoption rate of over-the-counter drugs for treating minor diseases and increased R&D ... Continue reading →

by Eric Martin on Jul 6, 2022

Business

5 Views

The global OTC drugs market size is estimated to be USD 164.65 billion in 2021 and reach USD 269.36 billion in 2027, registering a CAGR of 8.55% during the forecast period, 2021-2027. Over-the-counter (OTC) drugs are defined as the class of medicines that can be acquired directly by a consumer devoid of a prescription from a healthcare professional. OTC drugs are often known as non-prescription medicines. These drugs are safe and effective choices if they are administered in accordance with the directions delivered by healthcare professionals. Over-the-counter drugs are essentially used to treat conditions that do not require direct medical consultation. The OTC drugs market is booming with the allowance of earlier high-priced drugs, leading to a significant shift to the OTC category. Factors Affecting the OTC Drugs Industry over the Forecast Period The increasing adoption rate of over-the-counter drugs for treating minor diseases and increased R&D ... Continue reading →

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