Press Release

According to a market report by Lucintel, the future of the silicon photomultiplier market looks promising with opportunities in the oil & gas, IT and telecommunication, automotive, aerospace and defense, consumer electronics, healthcare, and other industries. The global silicon photomultiplier market is expected to grow with a CAGR of 8% from 2021 to 2026. The major drivers for this market are growing usage of silicon photomultiplier in the automotive industry for advanced driver assistance system and increase in demand for …

Dallas, TX July 12, 2021 – Merger and acquisition activities in the global technology industry increased in Q4 of 2020 as compared to Q3 and Q2 of 2020. The pandemic has hurt the broader economy; the technology sector has been less impacted, as consumers and businesses have looked for technology solutions to support new ways of working and living. As a result, tech deal-makers appear to have increasing levels of optimism, which increased M&A activity. In the Q4 of 2020 …

According to a market report by Lucintel, the future of the laser interferometer market looks promising with opportunities in the automotive, aerospace & defense, industrial, life sciences, electronics manufacturing, and telecommunication industries. The global laser interferometer market is expected to grow with a CAGR of 7% from 2021 to 2026. The major drivers for this market are increasing demand for 3D metrology services and growing demand for laser interferometer in the automotive industry. To download report brochure, please go to …

According to a market report by Lucintel, the future of the industrial fire brigade training program and service market looks promising with opportunities in the electric utility; oil, gas, and mining; chemical processing facility; manufacturing; and other end use industries. The global industrial fire brigade training program and service market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are ongoing modification of industrial codes, regulations, and safety standards for …

According to a market report by Lucintel, the future of the IT asset disposition market looks promising with opportunities in various end use industries, such as banking, financial services, and insurance (BFSI); IT and telecom; educational institutions; healthcare industry; aerospace and defense; public sector and government offices; manufacturing; media and entertainment; and others. The global IT asset disposition market is expected to grow with a CAGR of 10% from 2021 to 2026. The major drivers for this market are increasing …

According to a market report by Lucintel, the future of the LED grow light market looks promising with opportunities in indoor farming, commercial greenhouse, vertical farming, turf & landscaping, and research applications. The global LED grow light market is expected to grow with a CAGR of 25% from 2021 to 2026. The major drivers for this market are growing trend of indoor farming and growing demand for energy efficient and long lasting lighting technology. To download report brochure, please go …

According to a new market report by Lucintel, the future of the global force sensor market looks promising with opportunities in the automotive, healthcare, aerospace & defense, industrial, and electronics industries. The global force sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 5% from 2020 to 2025. The major …

According to a new market report by Lucintel, the future of the global laser sensor market looks promising with opportunities in the construction, electronics, automotive, aerospace & defense, food & beverage, and chemical industries. The global laser sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 10% from 2020 to …

According to a new market report by Lucintel, the future of the global military sensor market looks promising with opportunities in the military industry. The global military sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this market are rapid …

According to a new market report by Lucintel, the future of the global soil moisture sensor market looks promising with opportunities in the agriculture, sports turf, forestry, and construction & mining industries. The global soil moisture sensor market is expected to grow with a CAGR of 12% from 2020 to 2025. The major growth drivers for this market include increasing stringency of environmental regulations, growing demand for improved productivity, and rising penetration of IoT enabled solutions for improved agriculture. To …

According to a new market report by Lucintel, the future of the global hall effect sensor market looks promising with opportunities in the consumer electronics, industrial, automotive, telecommunication, healthcare, and utility industries. The global hall effect sensor market is expected to grow with a CAGR of 9% from 2020 to 2025. The major growth drivers for this market are growing need for energy management for urbanization and industrialization and high usage of fully integrated and programmable current sensors. To download …

According to a new market report by Lucintel, the future of the global ORP sensor market looks promising with opportunities in the water treatment, horticulture, aquaculture, and industrial industries. The global ORP sensor market is expected to grow with a CAGR of 8% from 2020 to 2025. The major growth drivers for this market are increasing usage in swimming pool and food processing units. To download report brochure, please go to https://www.lucintel.com/orp-sensor-market.aspx and click "download brochure" tab from the menu. …

According to a new market report by Lucintel, the future of the global reed sensor market looks promising with opportunities in the automotive, consumer electronics, robotics & automation, IT & telecommunication, healthcare, and construction industries. The global reed sensor market is expected to grow with a CAGR of 8% from 2020 to 2025. The major growth drivers for this market are the increasing adoption of reed sensor applications in home appliances, HVAC, and smart meters and high demand for advanced …

According to a market report by Lucintel, the future of the electric heat tracing market looks promising with opportunities in the oil & gas, chemical, commercial, residential, power & energy, food & beverage, pharmaceutical, and water & wastewater management industries. The global electric heat tracing market is expected to grow with a CAGR of 8% from 2021 to 2026. The major drivers for this market are increasing demand for energy efficient heat tracing system and growing adoption of electric heat …

According to a market report by Lucintel, the future of the geotechnical instrumentation and monitoring market looks promising with opportunities in the building and infrastructure, energy and power, oil and gas, and mining industries. The global geotechnical instrumentation and monitoring market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are growing infrastructure investment in various countries, strict government regulations to make building structure safer and sustainable, and increasing awareness …

According to a new market report by Lucintel, the future of the global cropped sensor camera market looks promising with opportunities in the photography sector. The global cropped sensor camera market is expected to grow with a CAGR of 11% from 2020 to 2025. The major growth drivers for this market are increasing trend and popularity of photography among people and growing technological advancements in digital cameras. To download report brochure, please go to www.lucintel.com/cropped-sensor-camera-market.aspx and click "download brochure" tab …

According to a new market report by Lucintel, the future of the global electric field sensor market looks promising with opportunities in various applications, such as household, automotive, testing instruments, and others. The global electric field sensor market is expected to grow with a CAGR of 11% from 2020 to 2025. The major growth drivers for this market are the growth of biometric systems for safety and security and rising demand for electric field sensors in military and defense. To …

According to a market report by Lucintel, the future of the FeRAM market looks promising with opportunities in metering/measurement, enterprise storage, automotive, factory automation, telecommunication, medical, and other applications. The global FeRAM market is expected to grow with a CAGR of 11% from 2021 to 2026. To download report brochure, please go to https://www.lucintel.com/feram-market.aspx and click "download brochure" tab from the menu. The major drivers for this market are growing demand for FeRAM in enterprise storage, automotive, and factory automation …

According to a new market report by Lucintel, the future of the global electrocardiogram (ECG) sensor market looks promising with opportunities in ECG machine, wearable fitness device, smartphone, patient monitoring equipment, and research & laboratory applications. The global ECG sensor market is expected to grow with a CAGR of 23% from 2020 to 2025. The major growth drivers for this market are the growing health awareness of people and athletes and sports persons being active with respect to their health; …

According to a market report by Lucintel, the future of the crypto ATM market looks promising with opportunities in the Lite coin, Eithereum, Bitcoin, Dash, Monexo, Dog coin, and Z-cash cryptocurrency markets. The global crypto ATM market is expected to grow with a CAGR of 55% from 2021 to 2026. The major drivers for this market are growing adoption of cryptocurrency and installations of crypto ATMs in restaurants, bars, general stores, and gas stations. To download report brochure, please go …

According to a new market report by Lucintel, the future of the global cell culture monitoring biosensor market looks promising with opportunities in the medical sector. The global cell culture monitoring biosensor market is expected to grow with a CAGR of 6% from 2020 to 2025. The major growth driver for this market is rising focus of pharmaceutical and biotechnology companies on drug development for personalized medicines, biological, and biosimilar. To download report brochure, please go to www.lucintel.com/cell-culture-monitoring-biosensors-market.aspx and click …

According to a market report by Lucintel, the future of the emission monitoring system market looks promising with opportunities in various end use industries, such as power generation, oil & gas, chemicals, petrochemicals, refineries, & fertilizers, building materials, pulp & paper, pharmaceuticals, metals, mining, marine & shipping, and waste incineration. The global emission monitoring system market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are increasing demand from oil …

According to a new market report by Lucintel, the future of the global drone sensor market looks promising with opportunities in the energy & utilities, defense, media & entertainment, and security & surveillance industries. The global drone sensor market is expected to grow with a CAGR of 24% from 2020 to 2025. The major growth drivers for this market are the need for higher resolution imaging and accurate positioning, and soaring funding towards drone technology and UAVs. To download report …

According to a new market report by Lucintel, the future of the global capacitive sensor market looks promising with opportunities in the consumer electronics and automotive industries. The global capacitive sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this …

According to a market report by Lucintel, the future of the embedded non-volatile memory market looks promising with opportunities in the consumer electronics, automotive, information and communication, robotics, and other end use industries. The global embedded non-volatile memory market is expected to grow with a CAGR of 18% from 2021 to 2026. The major drivers for this market are increasing adoption of artificial intelligence, miniaturization of electronic devices; and growing need for high-bandwidth, low power consuming, and highly scalable memories. …

According to a market report by Lucintel, the future of the control valve market looks promising with opportunities in various end use industries, which are oil & gas, water & wastewater treatment, energy & power, pharmaceuticals, food & beverages, chemicals, building & construction, paper & pulp, and metals & mining. The global control valve market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are growing demand for valves from …

According to a new market report by Lucintel, the future of the global exhaust sensor market looks promising with opportunities in the aerospace, automotive, consumer electronics, healthcare, industrial, and other industries. The global exhaust sensor market is expected to grow with a CAGR of 6% from 2020 to 2025. The major growth drivers for this market are growth of the automotive industry and stringent emission standards and norms, globally. To download report brochure, please go to www.lucintel.com/exhaust-sensor-market.aspx and click "download …

According to a new market report by Lucintel, the future of the global disposable medical device sensor market looks promising with opportunities in the healthcare industry. The global disposable medical device sensor market is expected to grow with a CAGR of 10% from 2020 to 2025. The major growth drivers for this market are increasing healthcare expenditure, government provisions for R&D activities, and acceptance of the sensor technology in developing economies. To download report brochure, please go to www.lucintel.com/disposable-medical-device-sensor-market.aspx and …

According to a market report by Lucintel, the future of the far-field speech and voice recognition market looks promising with opportunities in the smart TV/STB, smart speaker, automotive, and robotics application segments. The global far-field speech and voice recognition market is expected to grow with a CAGR of 24% from 2021 to 2026. The major drivers for this market are growing demand for voice controlled smart speakers, technological upgradation and developments, and increasing impact of front-end hardware components on the …

According to a new market report by Lucintel, the future of the global crankshaft position sensor market looks promising with opportunities in the automotive and aerospace industries. The global crankshaft position sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 8% from 2020 to 2025. The major growth drivers for …

According to a market report by Lucintel, the future of the G.Fast chipset market looks promising with opportunities in the residential and enterprise/commercial industries. The global G.Fast chipset market is expected to grow with a CAGR of 75% from 2021 to 2026. The major drivers for this market are increasing demand for ultrafast broadband services and growing competition between broadband service providers. To download report brochure, please go to https://www.lucintel.com/g-fast-chipset-market.aspx and click "download brochure" tab from the menu. In this …

According to a new market report by Lucintel, the future of the global automotive gear position sensor market looks promising with opportunities in the automotive industry. The global automotive gear position sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 7% from 2020 to 2025. The major growth drivers for …

According to a new market report by Lucintel, the future of the next-generation transistor market looks promising with opportunities in the aerospace & defense, industrial, telecommunications, and consumer electronics industries. The global next-generation transistor market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are technological advancements leading to the demand for increasing device densities and proliferation of consumer electronics and increased use of electronics in the industrial sector. To …

According to a new market report by Lucintel, the future of the global battery sensor market looks promising with opportunities in the automotive industry. The global battery sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 11% from 2020 to 2025. The major growth drivers for this market are the …

According to a new market report published by Lucintel, the future of the semiconductor material market looks promising with opportunities in the consumer electronics, telecommunication, manufacturing, automotive, energy & utility industries. The global semiconductor material market is expected to grow with a CAGR of 4% from 2020 to 2025. The major drivers for this market are increasing advancements in the semiconductor industry and the growing requirements for advanced semiconductor products. To download report brochure, please go to www.lucintel.com/semiconductor-material-market.aspx and click …

According to a new market report published by Lucintel, the future of the 3D NAND flash memory market looks promising with opportunities in the automotive, consumer electronics, enterprise, healthcare, and others industries. The global 3D NAND flash memory market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 35% from 2020 to 2025. The major drivers …

According to a new market report by Lucintel, the future of the semiconductor thermal evaporator market looks promising with opportunities in foundries, IDMs, and OSATs. The global semiconductor thermal evaporator market is expected to grow with a CAGR of 7% from 2020 to 2025. The major growth drivers for this market is increased usage of electronic devices in various industries. To download report brochure, please go to www.lucintel.com/semiconductor-thermal-evaporator-market.aspx and click "download brochure" tab from the menu. In this market, semiconductor …

According to a new market report by Lucintel, the future of the semiconductor stepper system market looks promising with opportunities in the MEMS, LED device, and advanced packaging applications. The global semiconductor stepper system market is expected to grow with a CAGR of 3% from 2020 to 2025. The major growth drivers for this market are the increasing usage of memory and logic ICs which are widely used in computers, laptops, memory devices, storage and mobile devices, and the rising …

According to a new market report by Lucintel, the future of the silicon carbide (SiC) power device market looks promising with opportunities in the UPS and PS, PV inverters, IMDS, and EV/HEVs applications. The global silicon carbide (SiC) power device market is expected to grow with a CAGR of 19% from 2020 to 2025. The major growth drivers for this market are increasing focus on adopting renewable energy sources, and the development of smart grids. To download report brochure, please …

According to a new market report published by Lucintel, the future of the ultra-low power microcontroller market looks promising with opportunities in the manufacturing, automotive, healthcare, telecommunication, aerospace & defense, media & entertainment, server & data center, and consumer electronics industries. The global ultra-low power microcontroller market is expected to grow with a CAGR of 24% from 2021 to 2026. The major drivers for this market are rising demand for low-power microcontrollers from the consumer electronics industry and a surging …

According to a new market report by Lucintel, the future of the transmission electron microscope market looks promising with opportunities in the material science, life science, nanotechnology, and semiconductor applications. The global transmission electron microscope market is expected to grow with a CAGR of 10% from 2020 to 2025. The major growth drivers for this market are miniaturization of electronic devices and the rising adoption of transmission electron microscopes in the automotive industry. To download report brochure, please go to …

According to a new market report by Lucintel, the future of the wireless sensor market looks promising with opportunities in the automotive, healthcare, aerospace and defense, and energy industries. The global wireless sensor market is expected to to grow with a CAGR of 22% from 2020 to 2025. The major growth drivers for this market are an increase in the adoption rate of wireless technology and rapid adoption of wireless sensors in the aerospace & defense industry. To download report …

According to a market report by Lucintel, the future of the 3D machine vision market looks promising with opportunities in industrial, such as automotive, electronics & semiconductor, consumer electronics, wood & paper, food & packaging, textile, and others, and non-industrial which includes, healthcare, security & surveillance, military & defense, and others. The global 3D machine vision market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are increasing demand for …

According to a new market report by Lucintel, the future of the tunable diode laser analyzer market looks promising with opportunities in the power, oil & gas, mining & metal, healthcare, chemicals, fertilizers, pulp & paper, and cement industries. The global tunable diode laser analyzer market is expected to CAGR of 8% from 2020 to 2025. The major growth drivers for this market are increasing industrialization and growth & upgrade of new power plants, and increasing demand for boilers and …

According to a market report by Lucintel, the future of the hermetic packaging market looks promising with opportunities in the military & defense, aeronautics & space, automotive, energy & nuclear safety, medical, telecommunication, consumer electronics, and other industries. The global hermetic packaging market is expected to grow with a CAGR of 4% from 2021 to 2026. The major drivers for this market are growing adoption of hermetic packaging for protecting highly sensitive electronic components and increasing demand for hermetically packaged …

According to a market report by Lucintel, the future of the semiconductor manufacturing equipment market looks promising with opportunities in 2D, 5D, and 3D dimensions. The global semiconductor manufacturing equipment market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are increasing demand for electric and hybrid vehicles, high demand for chips to provide computation power and connectivity for AI applications, and trend of miniaturization and technology migration. To download …

According to a new market report by Lucintel, the future of the sensor patch market looks promising with opportunities in the healthcare and sports & fitness industries. The global sensor patch market is expected to grow with a CAGR of 41% from 2020 to 2025. The major growth drivers for this market are growing demand for portable medical devices and increasing adoption of telehealth and advancements in wearable solutions. To download report brochure, please go to www.lucintel.com/sensor-patch-market.aspx and click "download …

According to a new market report by Lucintel, the future of the global piezo film sensor market looks promising with opportunities in the automotive, aerospace, industrial, consumer electronics, and healthcare industries. The global piezo film sensor market is expected to grow with a CAGR of 6% from 2020 to 2025. The major growth drivers for this market are growing usage of piezo film sensor in the microelectronics and semiconductor industries and growing demand in the medical and automotive sectors. To …

According to a new market report published by Lucintel, the future of the vertical-cavity surface-emitting laser (VCSEL) market looks promising with opportunities in the consumer electronics, data center, commercial & industrial, automotive, healthcare, and military industries. The global VCSEL market is expected to grow with a CAGR of 23% from 2021 to 2026. The major drivers for this market are growing demand for VCSEL in LiDAR system for autonomous vehicles and increasing adoption of VCSEL in data centers. To download …

According to a market report by Lucintel, the future of the RF semiconductor market looks promising with opportunities in the telecommunication, aerospace & defense, automotive, consumer device, CATV & wired broadband, and other industries. The global RF semiconductor market is expected to grow with a CAGR of 8% from 2021 to 2026. The major drivers for this market are increasing penetration of LTE technology and advanced technologies and growing demand for advanced RF devices in radar and electronic warfare systems. …