LUCINTEL


LUCINTEL press releases

  • According to a market report by Lucintel, the future of the global residential air purifiers market looks promising with opportunities in the portable /stand alone air purifiers and in-duct air purifiers markets. The global residential air purifiers market is expected to reach an estimated $15.9 billion by 2030 from $10.5 billion in 2024, at a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing cases of airborne diseases, rsising adoption of smart homes, and increasing...

  • According to a market report by Lucintel, the future of the global PC-based automation market looks promising with opportunities in the pharmaceuticals, mining & metals, food & beverages, automotive, semiconductor & electronics, and aerospace & defense markets. The global PC-based automation market is expected to reach an estimated $42.79 billion by 2030 from $31.7 billion in 2024, at a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are rising demand of IIOT, growing...

  • According to a market report by Lucintel, the future of the global invoice factoring market looks promising with opportunities in the construction, manufacturing, healthcare, transportation and logistics, energy and utilities, IT and telecom, and staffing markets. The global invoice factoring market is expected to reach an estimated $3,367.1 million by 2030 from $2169.6 million in 2024, at a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are growing company revenue by notifying loan...

  • According to a market report by Lucintel, the future of the global loudspeaker subwoofer market looks promising with opportunities in the residential and commercial markets. The global loudspeaker subwoofer market is expected to reach an estimated $1.3 billion by 2030 from $0.9 billion in 2024, at a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing demand from entertainment industry and growing number of installation of loudspeaker subwoofers at homes and theaters for a...

  • According to a market report by Lucintel, the future of the global wireless remote door opener sensor and control market looks promising with opportunities in the residential, industrial, and commercial markets. The global wireless remote door opener sensor and control market is expected to reach an estimated $2.9 billion by 2030 from $2.0 billion in 2024, at a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing adoption of these producs in new industrial verticals, increasing...

  • According to a market report by Lucintel, the future of the global embedded systems in automobiles market looks promising with opportunities in the infotainment telematic, body electronic, powertrain chassis control, and safety security markets. The global embedded systems in automobiles market is expected to reach an estimated $11.53 billion by 2030 from $7.7 billion in 2024, at a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, increasing...

  • The technologies in the global parcel sortation system market have undergone significant changes in recent years, with a shift from traditional Mechanical Sorting Systems to more advanced Automated Sorting Technologies and integrated Software & Control Systems. These modern systems integrate sophisticated Software & Control Systems, marking a significant evolution in efficiency and operational capabilities. Automated Sorting Technologies leverage robotics and AI-driven algorithms to streamline...

  • The technologies in the global parcel sortation system market have undergone significant changes in recent years, with a shift from traditional Mechanical Sorting Systems to more advanced Automated Sorting Technologies and integrated Software & Control Systems. These modern systems integrate sophisticated Software & Control Systems, marking a significant evolution in efficiency and operational capabilities. Automated Sorting Technologies leverage robotics and AI-driven algorithms to streamline...

  • The technologies in the global parcel sortation system market have undergone significant changes in recent years, with a shift from traditional Mechanical Sorting Systems to more advanced Automated Sorting Technologies and integrated Software & Control Systems. These modern systems integrate sophisticated Software & Control Systems, marking a significant evolution in efficiency and operational capabilities. Automated Sorting Technologies leverage robotics and AI-driven algorithms to streamline...

  • The technologies in the global satellite antenna market have undergone significant changes in recent years, with a shift from SOTP (Satcom-On-The-Pause) to SOTM (Satcom-On-The-Move). This transition reflects the increasing demand for continuous, reliable communication capabilities for mobile platforms. SOTM technology allows for seamless connectivity for moving vehicles, aircraft, and maritime vessels, enhancing operational efficiency and real-time data transmission. This evolution is driven by the need...

  • The technologies in the global vertical farming market have undergone significant changes in recent years, with a shift from traditional hydroponics to more advanced aeroponics and aquaponics technologies. These innovations represent a shift towards more efficient and sustainable agricultural practices. Aeroponics, for instance, involves growing plants in an air or mist environment without soil, allowing for precise nutrient delivery and water conservation. On the other hand, aquaponics integrates fish...

  • The technologies in the global artificial intelligence color sorter market have undergone significant changes in recent years, with a shift from Chute technology to Belt technology. Chute technology, once prevalent, involved gravity-driven sorting processes that were less efficient in handling various sizes and weights of materials. The shift to Belt technology, however, has revolutionized the industry by incorporating high-speed, precise sorting mechanisms that enhance accuracy and throughput. Belt...

  • The technologies in the global cloud migration service market have undergone significant changes in recent years, with a notable shift from SaaS (Software as a Service) to PaaS (Platform as a Service) and IaaS (Infrastructure as a Service) solutions. This shift reflects a broader movement toward more scalable and flexible cloud architectures, allowing businesses to better customize their IT environments and optimize resource management. PaaS offers a comprehensive development platform for creating...

  • The technologies in the global fuel cell UAV market have undergone significant changes in recent years, with a shift from fixed wing technology to hybrid technology. Initially dominated by fixed-wing designs, which offered efficiency in long-duration flights, the market is now experiencing a notable shift towards hybrid technology. This transition reflects a growing demand for UAVs that combine the advantages of both fixed-wing and rotary-wing systems. Hybrid technology integrates the fuel cell’s...

  • The technologies in the global InP laser market have undergone significant changes in recent years, with a shift from direct modulation to external modulation technologies. Direct modulation, which involves varying the drive current to change the laser output, has been increasingly supplanted by external modulation techniques. External modulation involves modulating the optical signal separately from the laser source, allowing for higher data transmission rates and improved signal quality. This...

  • The technologies in the global intelligent network market have undergone significant changes in recent years, with a shift from Network Function Virtualization (NFV) to AI & ML. AI and ML technologies are now being leveraged to enhance network performance, optimize resource allocation, predict potential issues, and automate decision-making processes. This transition is driven by the increasing demand for more dynamic, responsive, and self-healing networks that can efficiently handle the complexities...

  • The technologies in the global microsensor market have undergone significant changes in recent years, with a shift from MEMS technology to Optical technology. This transition is driven by the increasing demand for more accurate, reliable, and miniaturized sensors across various industries, including healthcare, automotive, and consumer electronics. Optical technology offers numerous advantages, such as higher precision, faster response times, and better sensitivity, making it an attractive alternative...

  • The technologies in the global automotive bumper beam market have undergone significant changes in recent years, transitioning from traditional steel-based bumper beams to advanced materials like aluminum alloys and carbon fiber composites. This shift is driven by the automotive industry pursuit of lightweighting initiatives to improve fuel efficiency and reduce emissions. Furthermore, there has been an increasing adoption of advanced manufacturing techniques such as hydroforming, extrusion, and...

  • The technologies in the global urban air mobility market have undergone significant changes in recent years, with a shift from piloted technology to autonomous and hybrid systems. Initially dominated by manually operated aircraft, the market has embraced a wave of innovation characterized by the development of autonomous vehicles that promise to revolutionize urban transportation. These cutting-edge systems leverage advanced artificial intelligence, machine learning, and sensor technologies to navigate...

  • The technologies in global IoT node and gateway market have undergone significant changes in recent years, with a shift from ZigBee to Wi-Fi and Bluetooth technologies. This transition is driven by the increasing demand for higher data transfer rates, better connectivity, and enhanced security features. Wi-Fi and Bluetooth technologies offer superior performance, scalability, and interoperability, making them more suitable for the diverse and complex requirements of modern IoT applications...

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