The report "IoT Sensors Market with COVID-19 impact by Sensor type, Network Technology, Vertical, Application, and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2026", is expected to grow from USD 8.4 billion in 2021 to USD 29.6 billion by 2026; it is expected to grow at a CAGR of 28.6% during 2021–2026. Increasing use of sensors in IoT applications due to cost and size reduction, and technological advancement, and Introduction of 3GPP Release 13 and Release 14 specifications are the key factors driving the growth of the IoT sensors market. The Growth of Internet penetration rate and High demand for connected and wearables devices are factors propelling the growth of the IoT sensors market.
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Browse 147 market data Tables and 72 Figures spread through 300 Pages and in-depth TOC on "IoT Sensors Market with COVID-19 impact by Sensor and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2026"
“Pressure sensor to hold the largest share of the IoT sensors market in 2020”
The market for pressure sensors is largely driven by increased concerns regarding safety, comfort levels, and reduction in automobile emissions. The regulatory mandates requiring the compulsory installation of onboard diagnostics to reduce greenhouse gas emissions will further lead to growth in demand for pressure sensors.
“The market for the Industrial IoT vertical to hold the largest share of the IoT sensors market in 2020”
The key factor fueling the growth of the industrial IoT segment of the IoT sensors market is the requirement to implement predictive maintenance techniques in different industries to monitor the working of industrial equipment to avoid unscheduled downtimes in production cycles. The intelligent wireless sensors constantly monitor parameters of critical processes in industrial environments, thereby leading to the increased operational efficiencies of industries.
APAC is expected to hold the largest market share during the forecast period
Countries such as India, China, Japan, South Korea, and Australia are key contributors to the growth and the development of the IoT sensors market in APAC. The growing penetration of the Internet across commercial and residential spaces, along with broadening consumer base, increasing disposable income of the masses, and improving IT infrastructures are some key determinants supplementing the growth of the IoT sensors market in APAC.
Texas Instruments (US), TE Connectivity (Switzerland), Broadcom (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), Bosch Sensortec (Germany), TDK (Japan), Infineon Technologies (Germany), Analog Devices (US), Omron (Japan) are the key players in the market.
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Mar 12, 2020: The global Filters market size is expected to reach USD 110.8 billion by 2027, expanding at a CAGR of 5.1%, according to a new report by Radiant Insights, Inc.
Rapid technological advancements coupled with growing demand for filtration for industrial, commercial, and household purposes is anticipated to drive the market.Presence of stringent regulatory framework, which stipulates lowering of the exhaust emissions, is anticipated to boost the product demand in the automotive industry.
In addition, increasing investments towards the installation of high-quality filters in the cars for cabin air filtration by the automobile manufacturers is anticipated to benefit market growth over the forecast period.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/filters-market/request-sampleGrowing population, depletion of water resources, and contamination of ground and surface water has resulted in an increased adoption of water treatment processes to improve the water quality.
In addition, rapid industrialization in developing economies such as Asia Pacific is anticipated to further result in shortage of potable water, which is likely to promote the demand for water filtration systems.Major market players such as Affinia Group Intermediate focus on integrated third party production/distribution and supply directly to end-use companies.
Further key findings from the report suggest:The ICE filters segment accounted for USD 32.9 billion in 2019 and is projected to witness strong growth over the forecast period on account of growing production of automobiles and rising spending power among people across the globeThe motor vehicle application segment is anticipated to reach USD 55.9 billion in 2027 owing to growing demand for vehicles coupled with rising environmental awareness across the globeThe filters market in Europe is projected to witness a CAGR of 3.7% from 2020 to 2027 and reach USD 25.2 billion in 2027 due to the implementation of stringent regulations by government authorities to control the emission level from automobiles and industrial exhaust emissions in the regionThe market in Asia Pacific accounted for USD 32.1 billion in 2019 and is estimated to grow at a CAGR of 6.4% over the forecast period.
Filters Market - Porter’s Analysis3.10.1 Supplier Power3.10.2 Buyer Power3.10.3 Substitution Threat3.10.4 Threat from New Entrant3.10.5 Competitive Rivalry3.11 Filters Market - PESTEL Analysis3.11.1 Political Landscape3.11.2 Environmental Landscape3.11.3 Social Landscape3.11.4 Technology Landscape3.11.5 Economic LandscapeContinued………….
The report "Near Field Communication Market with COVID-19 impact by Device operating mode (Reader emulation, Peer-To-Peer, and Card Emulation), Offering (Non-Auxiliary products, Auxiliary products, and Softwares), Application, and Region - Global Forecast to 2025", is expected to grow from USD 18.0 billion in 2020 to USD 34.9 billion by 2025, at a CAGR of 14.2%.
Browse 133 market data Tables and 53 Figures spread through 184 Pages and in-depth TOC on "NFC Market with COVID-19 impact by Device operating mode (Reader emulation, Peer-To-Peer, and Card Emulation), Offering (Non-Auxiliary products, Auxiliary products, and Softwares), Application, and Region - Global Forecast to 2025" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=520 Reader emulation is attributed to hold the largest share of the NFC market The market for reader emulation is projected to witness highest growth in the NFC market for the forecast period, as the majority of mobile phone and retail applications use NFC chip in reader emulation mode.
There is high adoption of NFC-based mobile wallets, such as Goggle pay, Samsung pay, Apple Pay, and Android Pay, which are expected to witness the highest CAGR in the coming years, owing to the high demand originating from payments.
Consumer electronics accounted for a major share of the overall NFC market Consumer electronics is the largest application industry for NFC and accounted for a major share of the overall NFC market with the commercialization of the technology in smartphones, media tablets, smart TVs, set-top boxes, and gaming consoles.
The growth of the NFC market in APAC is mainly driven by increasing developments (such as R activities, investments, and partnerships among companies) related to NFC in countries such as Japan, China, and South Korea.
Additionally, it has some of the world’s fastest-growing and leading industrialized economies.
Global Dairy Alternatives Market is projected to reach USD 35.6 billion by 2024.
The Dairy alternatives-based food and beverages are prepared from dairy-free milk, extracted from several plant-based sources such as soy, rice, almond, coconut, and others.
The dairy alternatives have a robust demand with respect to manufacturing medical food for their lactose-free nature, lactose intolerance ailments.
Moreover, the dairy alternatives offer several benefits such as increasing awareness among people, and as the dairy alternatives products contain vitamin, high calcium, the market will upsurge in the forecast period.
The factors that attribute to the growth of this sector is the prevention of breast cancer, and heart diseases, will upsurge the market growth in the upcoming period.Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/dairy-alternatives-market/request-sampleDairy alternatives industry may be explored by application as Food, and Beverages.
Dairy alternatives market may be explored by distribution channel as Supermarket, Convenience Retailers, PharmacyAsia-Pacific has been at the forefront with regards to dairy alternatives industry and will continue to rule the roost in the years to come.
