Market insights

The Global Thermoelectric Modules Market is estimated to reach $1.3 billion by 2026, growing at a CAGR of 7.5% from 2021 to 2026. Thermoelectric module is a semiconductor device used for both heating and cooling in temperature control applications. These thermoelectric coolers are utilized in various applications including vapor compression refrigeration and electrical vehicles as well as in electrical energy generation. These modules have wide operating temperature range and are small and light weighted. The traditional cooling systems are not feasible owing to which the thermoelectric modules are required for use in applications such as portable food and beverage containers, chilled water dispensers, small refrigerators and others. The increasing demand for waste heat recovery, consumer goods, healthcare monitoring devices and industrial automation are driving the growth of the market. Report Coverage The report: “Thermoelectric Modules Market – Forecast (2021-2026)”, by Industry AR...

The Global Production Printers Market is estimated to reach $9.1 billion by 2026, growing at a CAGR of 4.7% from 2021 to 2026. The production printers are also known as digital presses, variable data printing or commercial printers as these are very fast pieces of machinery that produce very efficient and high quality printing. The production printers offer ideal solution for any digital printing business owing to which these are an ideal solution for the growing advertising needs of the enterprises across the world. Folding cartons and flexible plastic packaging are driving the growth of production printers owing to the manufacturers focusing more on creative design of the outer package that gain the consumers attention on their products. The production printers offer superior quality printing at low cost due to which they are used in various applications such as commercial, publishing and others. Production Printers Market Report Coverage The report: “Production Printers Market – For...

The market for Explosive Detector is forecast to reach $11.2 billion by 2026, growing at a CAGR of 8.3% from 2021 to 2026. The Explosive Detector Market is estimated to witness a sustainable growth over the forecast period majorly because of the different detecting features it offers in different industries. Explosive detectors are primarily used in military & defense sector typically through ground penetration radar and vehicle mounted devices. Explosive detectors are non-destructive inspection devices that are used to detect explosives and other flammable materials. Explosive detectors help users in detection of various explosive materials in solid, liquid as well as gaseous state. Explosive detectors are widely used in Aviation and Docks industry as well for security inspections. According to World Bank Reports, global expenditure on military was around $1.86 trillion in 2019 and has been increasing exponentially. This rise in investments done in military equipment has brought ...

The Light Meter Market is forecast to reach $420.1 million by 2026, growing at a CAGR of 6.9% from 2021 to 2026. The Light Meter Market is estimated to witness sustainable growth over the forecast period majorly because of the rapid installation of different light meters at workplaces due to rise in safety concerns. Moreover, with the ongoing governmental regulations in global market for deploying energy-efficient lightings such as LED lightings, which tend to create a major impact in the rapid adoption of LED light meters. These light meters are capable to measure ambient, conventional lights apart from the LED lighting types. Light meter plays a very important role in various photography and cinematography applications to understand shutter speed. The photography industry offers potential growth for the Light Meter market because of the various benefits it offers. The data provided by a light meter can help a photographer better understand light and this will enhance the quality of ...

The Optical Encryption Market is forecast to reach $5.6 billion by 2026, growing at a CAGR of 12.2% from 2021 to 2026. The Optical Encryption Market is estimated to witness a sustainable growth over the forecast period majorly because of the rising security concerns by leading governmental organizations as well as privately held industries. After a series of high-profile breaches and data leaks, cybersecurity is now a boardroom-level concern. Currently, there is a lot more to data security than the hype. Addition of on-cloud data storage and rising adoption of Internet of Things (IoT), the rapid increase of diverse cloud data centres resulting in breaches and data leaks, especially in mobile devices is driving the need for improved encryption. As a result, organizations are revisiting their security strategies to ensure they are doing everything that can protect their data. These threats tend to uplift the demand of Optical Encryption systems in global level. Optical Encryption solutio...