openPR Logo
Press release

Nanosensors Market helping Defence Sector in the development of advanced warfield

10-26-2016 05:18 PM CET | IT, New Media & Software

Press release from: TMR-Reseach

Extensive Application of Nanosensors in Robotics Opens New Growth Avenues

The changing dynamics of warfare will create an opportunity worth US$1,500.9 mn in the global nanosensors market by the end of 2021. The phenomenal uptake of nanosensors will be attributable to their burgeoning demand in the military and home security sectors, observes Transparency Market Research. The cost-effectiveness of manufacturing nanosensors and their compactness make them the preferred choice of sensors amongst various industrial sectors. As of 2014, the valuation of the global nanosensors market stood at US$26.9 mn and is expected to expand at an exceptionally high CAGR of 80.7% over the forecast period.

The emergence of several industries across Asia Pacific will present lucrative opportunities to the nanosensors market as well. The growing focus on food management is also expected to spur demand for nanosensors as they will prove critical to ensuring quality control in the production of food and beverages. The extensive application of nanosensors in robotics and in Internet of Things (IoT) in the forthcoming years will also create high-value opportunities for the overall market. The difficulty in large-scale production of nanosensors is the only restraint on the overall market currently, says TMR.

PDF Sample For Latest Innovation And Upcoming Advancements @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3699

North America Nanosensors Market to Expand at 81.2% CAGR between 2015 and 2021

North America dominated the global nanosensors market, accounting for about 39.4% of the total market revenue in 2014. This share was closely followed by Europe and Asia Pacific. North America will continue to lead the global market are the nanosensors market in the region is expected to progress at a strong CAGR of 81.2% between 2015 and 2021. The consistent innovations and investments in research and development of nanosensors to appeal to a wider consumer base have led to several technological advancements in this market.

The Asia Pacific nanosensors market is also on the verge of revolutionizing costs pertaining the diagnostics and improved therapies that are based on nanosensors. Both of these factors are likely to drive this regional market to a new high. China will lead this extraordinary growth in Asia Pacific due to ongoing technological upgradation in healthcare and biomedical segments.

Homeland Defense and Military Identified as Fastest-growing Segment

Homeland defense and military has been identified as the fastest-growing application segment of the global nanosensors market with a CAGR of 83.9% between 2015 and 2021. Efforts made to upgrade national security have been the fulcrum of this turn in the overall market. Technological advancements such as implantable nanosensors to monitor the health condition of the soldiers will ensure in raising a fitter force in the near future.

The automotive and aerospace segment will also make a significant contribution to the overall earnings of the global nanosensors market. The need for enhanced climate control, fuel-efficiency, and ergonomic seating will collectively spike the demand for automotive nanosensors all through 2021.

Read Full Press Release @ http://www.transparencymarketresearch.com/pressrelease/global-nanosensors-market.htm

The leading players identified in the market are OMRON Corporation, Oxonica, Lockheed Martin Corporation, Texas Instruments Inc, Analog devices Inc, Samsung Electronics Co. Ltd., and Honeywell International, Inc. Analysts forecast that players will focus on strengthening their positions through mergers and acquisitions. Increasing geographical reach and developing innovative products to cater to the various industrial verticals will define the growth strategies of the players in the coming years.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nanosensors Market helping Defence Sector in the development of advanced warfield here

News-ID: 376691 • Views:

More Releases from TMR-Reseach

Investors Look to Improving Response Time of Global Life Science Reagents Market …
The list of chemicals in the global life science reagents market include those used in the fields of pharmaceuticals, bioscience, and biotechnology. This market has received major focus over the past few years owing to a boom in the biotechnology industry in terms of applications, along with breakthrough advancements in technology. Download Free Sample Research Report: http://bit.ly/2b1XALW According to the report, the global life science reagents market is being driven by the
Bio Surgery Market to be Driven by Increasing Number of Surgeries Owing to Sever …
Bio-surgery involves a range of surgical techniques that includes natural or synthetic materials to seal surgical incisions; lubricants to enable joint movements; and products that enable tissue repairs. These bio surgery products aid in the process of surgery to minimize intra and post-operative complications. Bio surgery products are also employed to facilitate the hard tissue regeneration in ortho-biologics. The various bio surgery products available in the market include hemostatic products, sealants,
Global Disposable Syringes Players Need to Prepare for Influx of Injectable Drug …
The rapid increase in the number of injectable drugs to be approved recently has been a key contributor to the growth in demand for disposable syringes specifically, over other types of syringes. This is due to the growing number of patients afflicted with accidental needlestick injuries. Both factors thus work in tandem to create a staggering demand for disposable syringes and will continue to do so in the long term. The
Smart Agriculture Market - Global Industry Analysis, Size, Share, Growth, Trends …
Smart Agriculture Market: Overview Smart agriculture includes agricultural practices with the adoption of internet of thing (IoT), sensors and others, in order to increase the productivity of the farm. Smart agriculture also addresses the interlinked challenges of food security and climate change and benefit smallholder farmers by increasing efficiency of inputs such as labor, seeds and fertilizers, increasing food security. By protecting ecosystems and landscapes, smart agriculture practice helps protect natural

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,