The global Ribbon Fiber Optic Cable market was valued at USD 2,834.6 Million in 2021 and is forecasted to reach USD 7,623.2 Million by the year 2030. The market is anticipated to register a CAGR of 11.6% over the projected period.
Ribbon Fiber Optic Cable is a basic fiber optic cable which can be arranged into a strip and is easy solution for solving weight and space issues. Rising need for better speed and greater bandwidth among industries is expected to boost the market growth. Furthermore...
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E-passport also known as electronic passports. Increase in need to strengthen security features of passports to reduce the rise in threat of identify frauds is primarily drive the global e-passport market. E-passports are also called as biometric passports have an additional layer of security not found in regular passports. These passports are equipped with electronic devices or contactless integrated circuits like RFID chips. RFID chip contains biometric data.
Market Drivers
Increase in a...
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The fifth-generation cellular or 5G network technology is predicted to accelerate the digital growth of India. Ultra-fast speed, high bandwidth and low latency of 5G are envisioned to fuel the digital transformation of the country. In India, the commercial launch of 5G is expected to transpire in late 2020. The 5G market in India is projected to be valued at INR 32.43 Bn by 2020 and is estimated to reach INR 19,053.09 Bn by 2025, expanding at an exceptional compound annual growth rate (CAGR) of ...
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New Zealand joined the Electric Vehicles (EV) Initiative in 2019, aiming to become a carbon-free economy by 2050. With other countries around the world too taking such initiative to check the rate of environmental degradation, the demand for EVs is booming. Resultingly, the global Battery Management System Market value is projected to grow from $5,661.0 million in 2020 to $22,279.6 million by 2030, at a 17% CAGR between 2020 and 2025, according to the publisher.
This is because the key compo...
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The global wafer level optics (WLO) market held a market size of about US$ 440.7 million in 2021 and is projected to reach US$ 4,454.3 million by the year 2027 at a CAGR of 47% from 2017 to 2027. The market had a volume of about 519.2 million units in 2020. Optical products manufactured using semiconductor process on wafers is known as wafer level optics. The market is anticipated to be driven by the supply chain collaborations and increasing demand for ever smaller micro optics. Despite the dr...
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Astute Analytica recently published a new research report on the global High Bandwidth Memory Market. The global market report includes extensive research on the global High Bandwidth Memory Market, allowing the buyer to consider potential requirements and projections. After a thorough examination of the prowess of the global market, the restraints and drivers are put together.
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The global Machine Vision and Vision Guided Robotics market in 2021 was valued at USD 14,970.12 Million and is projected to reach USD 29,705.23 Million by the year 2030. The market is anticipated to register a CAGR of 8.22% over the projected period. In 2021, around 188,907 units of Machine Vision and Vision Guided Robots were estimated to be sold.
Machine vision enables a robot for seeing what it is doing. The term vision-guided robots is collectively used for machine vision and image proces...
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Astute Analytica recently published a new research report on the Global Ribbon Fiber Optic Cable Market. The global market report includes extensive research on the Global Ribbon Fiber Optic Cable Market, allowing the buyer to consider potential requirements and projections. After a thorough examination of the prowess of the global market, the restraints and drivers are put together.
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New Zealand joined the Electric Vehicles (EV) Initiative in 2019, aiming to become a carbon-free economy by 2050. With other countries around the world too taking such initiative to check the rate of environmental degradation, the demand for EVs is booming. Resultingly, the global Battery Management System Market value is projected to grow from $5,661.0 million in 2020 to $22,279.6 million by 2030, at a 17% CAGR between 2020 and 2025, according to the publisher.
This is because the key compo...
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The global Harvesting Robot Market held a market value of US$ 591.1 Million in 2021 and is forecasted to reach US$ 3293.8 Million by the year 2030. The market is anticipated to register a CAGR of 21% during the projected period.
Harvesting robots are meant for picking fruits automatically under certain environmental conditions. Growing demand for food security and gradually increasing awareness regarding smart agriculture are expected to fuel the market growth. Furthermore, the growing re...
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The Saudi Arabia third-party logistics market accounted for US$ 14.86 Bn in 2018 and is expected to grow at a CAGR of 9% over the forecast period 2021-2027, to account for US$ 26.40 Bn in 2027. The factors that are driving the growth of the third-party logistics market rise in demand for reducing overall operational cost & focus on managing timely delivery, and progressive growth of logistics industry in Saudi Arabia. However, the lesser control of manufacturers on logistics service and deli...
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Astute Analytica released a new research report on the global Agriculture Tractors Market The worldwide Agriculture Tractors Market report 2030 is a thorough investigation that examines the current Agriculture Tractors Market trends. The report consists of market definitions, market segmentation, end-use applications, and industry chain analysis. In addition, it offers a succinct overview of the market. The study on the global market offers an overview of the market encompassing the competitive ...
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