Future Market Insights

Articles

Vision and Discrete Sensors December 12, 2023

Electro-optical systems to show steady growth

The electro-optical system market is anticipated to grow at a CAGR of 4.5% for the next decade, reaching $18.8 billion by 2033.

By Future Market Insights
Motors and Drives November 28, 2023

Decentralized inverter market expected to triple in growth over next decade

The decentralized inverter market is expected to more than triple in growth over the next decade to more than $80 billion.

By Future Market Insights
Image courtesy: Brett Sayles
Edge and Cloud Computing September 30, 2023

Edge AI market projecting strong growth; can 5G and IT help?

The edge AI market, fueled by strong demand, is expected to grow to almost $40 billion in value over the next decade.

By Future Market Insights
Control Systems August 20, 2023

Industrial access control market expects major growth

The industrial access control market is expected to be valued at $10.3 billion by 2033, growing at a CAGR of 9.2%.

By Future Market Insights
Motors and Drives August 13, 2023

Induction motors market will reach $40.5 billion by 2032

The induction motors market approaches $40.5 billion by 2023 as it is driven by investments in renewable energy projects.

By Future Market Insights
Machine Safety August 11, 2023

Machine safety market expected to almost double in next decade

The increased use of safety sensors is driving demand for the machine safety market, which is expected to double in the next decade.

By Future Market Insights
Motors and Drives July 18, 2023

Smart motor market growth due to increased automation, IoT technology

The smart motors market is expected to generate $3.2 billion in sales by 2033 thanks to increased automation and IoT implementation.

By Future Market Insights
Vision and Discrete Sensors July 11, 2023

Automotive MEMS sensor market expected to have strong growth

The automotive MEMS sensor market is expected to have double-digit growth over the next decade with a value of $14 billion by 2033.

By Future Market Insights
Image courtesy: Brett Sayles
Virtualization, Cloud Analytics June 2, 2023

Multi-cloud optimization market expected to quadruple by 2032

The market for multi-cloud optimization tools is expected to increase in value from $11 million in 2022 to $47 million by 2032.

By Future Market Insights
Courtesy: Chris Vavra, CFE Media and Technology
Robotics March 22, 2023

Industrial robotics market growth expected to remain strong

A research report by Future Market Insights indicates the industrial robotics industry will have double-digit throughout the next decade.

By Future Market Insights
Robotics March 2, 2023

Service robot market expected to soar

The global service robotics market is expected to be worth more than $40 billion in 2023, with a total valuation of $267 billion by 2033.

By Future Market Insights
Process Instrumentation and Sensors January 31, 2023

Aircraft sensor market expected to double by 2033

The aircraft sensor market is expected to more than double by 2033 thanks to an increased use of unmanned aerial vehicles (UAVs).

By Future Market Insights
Endress+Hauser’s booth at WEFTEC had several sensors and tools designed to gather quick and accurate readings that could be sent to a display for the user so they know when something is wrong. Courtesy: Chris Vavra, CFE Media
Process Safety January 11, 2023

Safety instrumentation market expected to increase

The safety instrumentation system market is expected to grow to almost $7 billion by 2023 due to increased demand for safer devices.

By Future Market Insights
Courtesy: Brett Sayles
Cybersecurity November 17, 2022

Industrial cybersecurity market to reach $43 billion by 2032

Future Market Insights' research indicates the industrial cybersecurity market will grow to $43 billion by 2032.

By Future Market Insights
Courtesy: Chris Vavra, CFE Media and Technology
Robotics November 10, 2022

Robotic process automation market projected to reach $70 billion by 2032

The robotic process automation market is projected to have strong growth over the next decade, jumping from more than $2 billion in 2022 to almost $70 billion by 2032.

By Future Market Insights
Courtesy: Chris Vavra, CFE Media
Environmental Health August 5, 2022

Advanced process control market showing strong growth

Future Market Insights projects the advanced process control (APC) market will grow more than 9% between 2022 to 2032.

By Future Market Insights