Unmanned Underwater Vehicles Market Analysis, Sales Revenue, Business Growth and Forecast 2022

According to Transparency Market Research (TMR), global unmanned underwater vehicles market is anticipated to flourish with a steady CAGR of 11.80% within the forecast period from 2017 to 2022. In year 2017, the overall market was evaluated worth US$ 2.4 bn. This market figure is likely to soar around US$ 4.26 bn by the year 2022. Among all the regions, North America registered to be the dominating region owing to fast and quick adoption of technology within the past few years.

The opposition between Thales SA, Subsea 7, Teledyne Gavia ehf, Kongsberg Maritime AS, Boeing Co., Oceaneering International Inc., Saab AB, General Dynamics Corp., Lockheed Martin Corp., and Atlas Elektronik GMBH, describes the focused scene of the worldwide unmanned underwater vehicles market. These organizations principally contend as far as new item dispatches. Long haul contracts are additionally among favored procedures for business extension among the main players. Throughout the following couple of years, members in this market are relied upon to concentrate on enhancing their item portfolios to reinforce their essence over the worldwide market. Development and mechanical headways of existing items are probably going to be favored among these players, reports the examination think about.

The scientific research, defense sector, and commercial exploration are the major application territories for unmanned underwater automobiles over the world. As of now, the interest for these vehicles is moderately more noteworthy in the business investigation fragment and the pattern is anticipated to proceed over the prospective years on the grounds of the extensive ascent in different exercises identified with business investigation, for example, seabed mapping, studies, pipeline review, and seaward boring.

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Remotely Operated Vehicles to Rule over Other Vehicle Types

Autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) have picked up a notoriety for being the main unmanned underwater vehicles over the world. Among the two, ROVs have been the main supporters of this market and are foreseen to remain so sooner rather than later because of their expanding interest for ultra-profound water penetrating. Mechanical frameworks, electrical frameworks, and cross breed frameworks are the most favored impetus frameworks used in unmanned underwater vehicles. With the expanding requirement for fuel vitality, the overall oil and gas industry is seeing a significant ascent, which, accordingly, is considering enormously the worldwide market for unmanned underwater automotives market. The current increment in investigation exercises is powering the interest for unmanned underwater automobiles surprisingly over the world.

The report incorporates a market outline area, where a point by point subjective evaluation of the main thrusts, constraining components, openings, and difficulties has been given. Be that as it may, there are complexities in operation, and the decrease in the military spending plans in numerous nations, including the U.S. This factor is likely to restrict the development of this market throughout the following couple of years. In any case, the appearance of half and half remotely worked unmanned submerged vehicles will standardize the effect of these limitations in the years to come, prompting a huge development of this market sooner rather than later, states the examination report.

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The study presented here is based on a report by Transparency Market Research (TMR), titled, “Unmanned Underwater Vehicles Market (Product – AUV Unmanned Underwater Vehicles and ROV Unmanned Underwater Vehicles; Propulsion System – Electrical Systems, Mechanical Systems, and Hybrid Systems; Application – Commercial Exploration, Defense, and Scientific Research) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022.”

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Chemical Sensors Market Growth Factors, Regional Trends, Future Plans and Outlook

The vendor landscape of the global chemical sensors market is highly fragmented in nature because of the presence of numerous well-established players. Some of the notable names in the chemical sensors market include names such as F-Hoffman La Roche Ltd., Denso Corporation, Emerson Electric Co., Siemens AG, and Honeywell International among others. One key trend that has been observed among these chemical sensors market players is of growing investments in research and development activities. The objective behind these investments is to develop more reliable and efficient products that will cater to the evolving demands of the global population. Naturally, it is expected that the competition in the market will only intensify over the coming years of the forecast period. In addition to this, these leading players are expected to opt for mergers, acquisitions, and joint ventures in order to stay ahead of the competitive curve.

With such development shaping the vendor landscape of the global chemical sensors market, it is obvious that the growth of the market will reach newer heights. According to the research report published by Transparency Market Research, the global chemical sensors market is expected to touch the mark of US$29.27 bn by the end of 2027. This is a significant jump from the initial valuation of US$ 16.3 bn recorded back in 2019. Over the given course of the projection period, the global chemical sensors market is thus expected to exhibit a CAGR of 5%.

Growing R&D Activities to Drive North America Segment Growth

In terms of geographical segmentation, there are five major segments of the global chemical sensors market. These segments are North America, Middle East, and Africa, Latin America, Asia Pacific, and Europe. Of these, currently, the chemical sensors market of the North America region is dominating the global market. The growth of the regional segment is expected to bolster over the mentioned forecast period due to the growing research and development activities followed by the booming automotive sector in the region.

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On the other hand, the Asia Pacific segment is expected to exhibit a promising CAGR during the aforementioned period of forecast. This burgeoning growth of the regional segment can be mainly attributed to the increasing demand for these sensors from the oil & gas and food & beverages sector.

Initiatives Undertaken to Cut Down Carbon Emissions to Help Market Growth

One of the biggest driving factors for the growth of the global chemical sensors market is the increasing initiatives undertaken by several governments to cut down the carbon emissions across the globe. This has had a significant impact on the development of the chemical sensors market as more and more manufacturers are producing these sensors to comply with the regulatory norms. In addition to this, the ability of these chemical sensors to detect harmful gases and chemicals that pose risk to human lives as well as environment is driving up their sales. This has thus been another crucial driving factor for the growth of the global chemical sensors market.

Another important driving factor for the overall development of the global chemical sensors market is its wide-spread application range. The end-use application industries of chemical sensors range from smart packaging, automotive, to textile, and food & beverages. The advancements in respective sectors are expected to complement the growth of the global chemical sensors market. In addition to this, the development in the medical sector is also expected to have a positive impact on the growth of the global market.

Looking for Regional Analysis or Competitive Landscape in Chemical Sensors Market, ask for a customized report

This review is based on the research report published b Transparency Market Research titled, “Chemical Sensors Market (Type – Optical Sensor, Electrochemical, and Catalytic Bead; by End User – Oil and Gas, Automotive, Medical, Environmental Monitoring, and Industrial) – Global Industry Analysis Size Share Growth Trends and Forecast 2019 – 2027”.

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Low Noise Amplifier Market: Competitive Landscape, Future Plans, Opportunities and Comprehensive Research Study Till 2026

An up to date business intelligence publication by Transparency Market Research (TMR) has detected that the shares in the global low noise amplifier (LNA) market are distributed among a large pool of players. And although the evolution of 5G technology and growing commercialization of the Internet of Things (IoT) are poised to open vast new opportunities in the low noise amplifier market, the competitive landscape will remain fragmented.

That being said, the report does identify a few players who are slightly ahead of the curve, such as Infineon Technologies, NXP Semiconductors N.V., Panasonic Corporation, Analog Devices, Inc., Skyworks Solutions, Inc., ON Semiconductor, Texas Instruments, Qorvo, Inc., Teledyne Microwave Solutions, L3 Narda-MITEQ, Microsemi Corporation, and Qotana Technologies Co. Ltd. The moderate position of strength of these prominent players is a reflection of their constant zest to improve their product portfolio according to future needs across diverse applications.

As per the projections of the TMR report, the demand in the global low noise amplifier market will increment at a formidable CAGR of 11.8% during the forecast period of 2017 to 2026. The analysts of the report have also estimated the global LNA market to be worth US$US$7,889.2 mn by 2026, considerably more than the market’s evaluated valuation of US$2,994.0 mn in 2017. Going forward, the key companies of the LNA market are expected to cater to their wireless infrastructure customers via III-V technology LNAs and advanced SiGe technology, which is used in LNAs to design for wireless communication, cellular, automotive, consumer, and industrial applications. With a combination of high performance with application specific features, low noise amplifier market players are aspiring to shorten customer’s design cycle.

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Based on frequency, the report segments the low noise amplifier market into less than 6GHz, 6GHz to 60GHz, and greater than 60GHz. Material-wise, the market has been bifurcated into silicon, silicon germanium, and gallium arsenide. Application-wise, the market has been categorized into satellite communication systems, test and measurement, Wi-Fi, Networking, Cellular Telephone, and others. The analysts of the report have also evaluated the potential of demand that can be expected out of the industry verticals of medical, consumer electronics, industrial, automotive, defense, telecom, and others. Geographically, Asia Pacific has been highlighted as the most profitable region, promising to provide for a demand of LNA worth of US$3,621.5 mn by 2026.

Increasing Usage of LTE Technology Driving Demand

The radical manner in which the demand for mobile phones has escalated across the world is the primary driver of the global low noise amplifier market. Smartphones are equipped with high sensitivity system using LNA in the receive path to enhance end user’s experience by maximizing data rate and ensuring good reception quality. Some of the other factors that are expected to reflect positively on the global low noise amplifier market are: increasing usage of LTE technology, flourishing military and defense sector on the back of extended defense budget of several emerging economies, and growing adoption of E-band to satisfy the need for higher bandwidths. On the other hand, reducing percentage of margin for the players as more and more players enter field and the need to design a robust platform are a few restraints holding the LNA market back. Nevertheless, the vendors of this market are expected to gain new opportunities from the commercialization of the IoT, evolution of 5G technology, incremented investment on space programs, and the prospering automotive industry.

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Key Takeaways:

• Demand in the global low noise amplifier market to expand at a CAGR of 11.8% until 2026
• Competitive landscape is highly fragmented, although a few players do hold substantial chunk of shares

The information presented in this review is based on a Transparency Market Research report, titled, “Low Noise Amplifier Market (Frequency – Less than 6GHz, 6GHz to 60GHz, and Greater than 60GHZ; Material – Silicon, Silicon Germanium, and Gallium Arsenide; Application – Satellite Communication Systems, Test & Measurement, Wi-Fi, Networking, and Cellular Telephone; Industry Vertical – Consumer Electronics, Medical, Industrial, Defense, Automotive, and Telecom) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026.”

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Acoustic Sensor Market 2020 Global Size, Share, Industry Growth, Competitive Landscape and Outlook 2026

According to a new research report on the acoustic sensor market, published by Transparency Market Research), the global acoustic sensor market is expected to reach US$ 2,019.31 Mn by 2026, expanding at a CAGR of 17.19% from 2018 to 2026. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period. In terms of demand, Asia Pacific is projected to continue to lead the global market, with the market in the region expanding at a CAGR of more than 18% between 2018 and 2026. The acoustic sensor market is expected to witness significant growth during the forecast period, due to continuously increasing usage of acoustic sensors in consumer electronics, underwater applications, and the telecommunication industry across the globe.

Rising Number of Acoustic-based Micro Electrical Mechanical System (MEMS) Devices Driving the Global Acoustic Sensor Market

Micro electrical mechanical system (MEMS) has been identified as one of the most promising technologies of the 21st century and it has potential to revolutionize both industrial and consumer products by combining silicon-based microelectronics with the micromachining technology. New, acoustic-wave-based MEMS devices are offering a promising technology platform for a wide range of applications due to their high sensitivity and capability to operate wirelessly. Acoustic-wave-based biosensors are film bulk acoustic-wave resonators (FBAR), SAW resonators, and delay lines.

There has been increasing attention toward development of miniature, portable, and low-cost biosensors fabricated by using the MEMS technology over the last few years. For biological applications, the acoustic wave device is integrated in a microfluidic system and the sensing area is coated with a bio-specific layer. Recent technological advancements in MEMS processes have facilitated fabrication of thin, piezoelectric films and integration of acoustic wave-based devices and electronics on a common silicon substrate.

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Global Acoustic Sensor Market: Scope of Report

The global acoustic sensor market has been broadly segmented based on wave type, sensing parameter, and end-use industry. According to the research study, among wave types, the bulk wave segment held the maximum market share and the trend is anticipated to continue during the forecast period. The segment is anticipated to register a CAGR of more than 19% from 2018 to 2026. In bulk acoustic wave (BAW) sensors, the acoustic wave travels through the interior (or ‘bulk’) of the piezoelectric substrate. The bulk wave segment has been sub-classified into: thickness shear mode (TSM) sensors and shear-horizontal acoustic plate mode (SH-APM) sensors.

On the other hand, recent technological advancements in MEMS processes have allowed fabrication of thin piezoelectric films and integration of acoustic-wave-based devices and electronics on a common silicon substrate. Hence, the segment is anticipated to expand at the maximum CAGR during the forecast period. The surface wave (SAW) segment is expected to register a CAGR more than 12% during the forecast period. As per TMR analysis, the consumer electronics end-use segment of the market held the maximum market share in 2017 and the trend is expected to continue during the forecast period.

In terms of revenue, Asia Pacific held the leading share of the global acoustic sensor market in 2017. The market in the region is anticipated to expand at a remarkable CAGR of 18.08% during the forecast period. Rising application of acoustic sensors in smartphone devices and smart watches is anticipated to drive the market in Asia Pacific from 2018 to 2026. The market in Asia Pacific is anticipated to continue to register the maximum growth rate during the forecast period. In 2017, China held a major share of the Asia Pacific acoustic sensor market, in terms of revenue, followed by Japan. However, in terms of revenue generation, the market in India is anticipated to expand at a significant CAGR during the forecast period. Increasing smartphone sales across the country are likely to make India a lucrative market for acoustic sensors in the near future.

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Global Acoustic Sensor Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global acoustic sensor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players operating in the acoustic sensor market are Siemens Process Instrumentation, Hubbell Lighting, Boston Piezo-optics Inc., Transense Technologies PLC, and Pro-Micron GmbH & Co. Kg. Various business strategies are being adopted by market leaders. Companies are focusing on expanding their business by forming strategic partnerships and offering innovative solutions.

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Process Analyzer Market: Key Strategies to Use to Dominate Globally 2020-2024

Competition in the global process analyzer market is likely to increase, as leading players are using different strategies to strengthen their position in the market, observes Transparency Market. These players are also investing heavily in research and development activities to develop new and advanced products that will help them gain larger share in the market. Owing to these facts, the global process analyzer market is high fragmented.

Few players such as Emerson Electric Co. held 26.1% share in 2015 and influenced the market to a certain extent. Due to this, other companies such as Yokogawa Electric Corporation, ABB, Ltd., and Modcon System Ltd. also started adopting different strategies to gain higher share in the market. Apart from organic growth strategies, these players are also focusing on inorganic growth strategies like getting a technological advantages and offering cost-effective products.

Depending on these strategies along with few other factors, the global process analyzer market is undergoing various changes. These changes have also influenced the revenue of this market. In 2015, the global process analyzer market was estimated at US$5.29 bn. this figure is expected to reach US$11.50 bn by the end of forecast period in 2024. Over the projected tenure between 2016 and 2024, the market is likely to rise at 9.1% CAGR.

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Based on the foam factor, the demand for standard process analyzer is comparatively high than other foam factors. Increasing demand for organic materials that helps in reducing production expenses had a positive impact in growing this segment. Second highest demand is for rack mount process analyzer. Based on geography, Asia Pacific is projected to lead the market, due to higher growth opportunities created in countries like China, India, and Japan. Regional market in emerging economies in untapped as compared to developed economies in Europe and North America, therefore, there is a higher scope of growth in developing regions.

The demand in the global process analyzer market is increasing due to increasing emphasis on water and wastewater treatment. Moreover, rising inclination towards renewable energy might expand growth and create new growth opportunities for producers operating in this market. Manufacturers are making technological up gradation with which they are developing more cost-effective process analyzers. In addition, they are also developing better designs and performance of process analyzer. Thus, these initiatives are expected to provide a fillip in the global process analyzer market.

Furthermore, rapid industrialization is another driving factor that will accelerate growth in this market. Strict regulations policies imposed by government to ensure better production and quality of food and beverages also require high amount of process analyzer. Testing of food and beverage has become an essential part that has further boosted growth in the global process analyzer market.

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Lack of Maintenance of Installed Analyzers Threatening Market Performance

The global process analyzer market is likely to grow at a considerable rate, but there are few restraining factors that might hinder growth in this market. Shortage of skilled professionals is one of the major restraining factors challenging growth in the global process analyzer market. High installation and maintenance cost of process analyzer is also projected to hamper growth in thew global process analyzer market. Moreover, lack of maintenance of the installed analyzers might obstruct growth of process analyzer. This is mainly because process analyzer (liquid) constantly monitors various liquid parameters involved in a manufacturing process. With these analyzers, the production risks can increase if they are not maintained properly and transmit unpredictable data, causing high production costs and hold-up delivering results.

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Target Drone Market: Top Trends to Look for in 2020-2026

The global target drone market was valued at US$ 3,156.7 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 10.02% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Target Drone Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that rising use of target drones across defense forces and higher applications as compared to manned aerial vehicles is likely to spur the demand for target drones in the coming years (2018 to 2026).

As key players introduce new target drones in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominant share of the global target drone market. Increasing popularity of the target drone, especially across economies such as China, Japan, and India along with the increased spending on defense systems and technologies in these countries, and presence of companies that produce target drones is likely to drive the Asia Pacific target drone market at a growth rate of around 10% from 2018 to 2026.

Malfunction of a target drone can be fatal for the people present in the vicinity during testing or training of any combat mission system. Several target drone accidents have been reported in the past, causing fatalities. For instance, in 2013, in Florida, a large “QF-4” target drone crashed at the Tyndall Air Force Base. In 2014 as well, a target drone crashed in Holloman Air Force Base in New Mexico. Another target drone malfunctioned and collided with a guided missile cruiser during training in California, causing slight injuries.

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These malfunction incidents are raising questions on the reliance of aerial target military aircraft. However, well-established players are installing technologically superior systems in target drones to minimize and address this concern. For instance, in 2017, The Boeing Company announced that it will produce novel target drones named “QF-16” which include features such as a flight termination system that will destroy the drone in case of any technical error or in an out of control situation.

Internal combustion engines are significantly adopted by companies producing target drones around the globe

On the basis of engine type, the target drone market is segmented into internal combustion engine, jet engine, and others. Internal combustion engine segment is expected to hold a market share of 47.65% in 2026 and expand at a CAGR of over 9% during the forecast period. The significant CAGR is because of the increasing popularity of various types of jet engines due to their prominent power-to-weight ratio compared to other engines. Furthermore, jet engines provide higher speed for the target drones. Companies including The Boeing Company and many more are using jet engines in their target drone named as QF-16 because of all these benefits.

North America is the leading contributor to the target drone market

In terms of value, North America was the leading contributor to the global target drone market in 2017. The contribution is primarily because of the booming target drone marketplace due to significant defense spending along with the presence of well-established players across the region, especially across the U.S. Furthermore, North America is home to many well-established players from the target drone domain including AeroTargets International, The Boeing Company, Griffon Aerospace, and Kratos Defense & Security Solutions, Inc. Many North American companies are trying to improve the performance of their multiple target drones business units. For instance, in May 2018, Kratos Defense & Security Solutions, Inc. announced that its Unmanned Systems Division has received a contract of approximately US$ 38 million pertaining to the unmanned aerial drone aircraft. Furthermore, in May 2018, the company announced that its Kratos Defense & Rocket Support Services Division has been awarded the Aerial Target Systems 2 contract.

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Key Players such as The Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, and Kratos Defense & Security Solutions, Inc. are likely to lead the global target drone market

The Boeing Company, Lockheed Martin Corporation, Leonardo S.p.a., Northrop Grumman Corporation, and Kratos Defense & Security Solutions, Inc. are some of the major players operating in the target drone market profiled in this study. Various players are focusing on the development of novel and highly advanced target drones. For instance, in 2017, Leonardo S.p.a. introduced its aerial target drone named “Mirach-40” to the market at the Paris Air Show. The novel aerial target drone is designed to provide medium-to-high performance at a reasonable price compared to its competitors. Furthermore, it also supports armed forces training by simulating a range of airborne threat targets.

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Intelligent Electronic Devices Market: Deep Company Profiling of Leading Players 2020-2026

According to a new market research report, published by Transparency Market Research the global intelligent electronic devices market is expected to reach value of US$ 19.31 Bn by 2026, expanding at a CAGR of 6.2% from 2018 to 2026. According to the report, the market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to lead the global market during the forecast period. The market in the region is likely to expand at a CAGR of 7.7% from 2018 to 2026. China, India, and Japan are expected to be major contributors to the intelligent electronic devices market in Asia Pacific during the forecast period.   

Focus on Reducing T&D Losses

An intelligent electronic device (IED) is a device that is added to an industrial control system to enable advanced power automation. Constantly rising efforts to reduce T&D losses and high use of IEDs such as control circuit breakers, capacitor bank switches, and voltage regulators for the purpose of power fault detection in multiple industrial processes are expected to drive the global intelligent electronic devices market in the near future.

Additionally, rising need for substation automation solutions in the solar industry and increasing demand for retrofitting of conventional substations are likely to impact the market in the next few years. The factor is also expected to create lucrative opportunities for manufacturers of intelligent electronic devices in the next few years. Moreover, intelligent electronic devices has become an important topic for scientists to research in. Furthermore, rising deployment of smart grids and favorable initiatives taken by government bodies are expected to propel the demand for intelligent electronic devices in the next few years.

Global Intelligent Electronic Devices Market: Scope of Report  

The global intelligent electronic devices market has been broadly segmented in terms of type, application, end-use industry, and geography. Based on type, the market has been segregated into digital relay, voltage regulator, protection relay, circuit breaker controller, load tap changer controller, recloser controller, capacitor bank switch, and others. Among types, the digital relay segment accounted for a major market share of more than 30.0%, in terms of revenue, in 2017. The segment is anticipated to expand at a CAGR of 6.5% during the forecast period. In order to fulfill the global demand, various manufacturers of intelligent electronic devices are currently focusing on research and development activities on a regular basis in order to invent advanced applications of these devices.

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With growing urbanization and industrialization, the need for distribution systems that can function in harsh environments and occupy less space has been rising. IEDs such as PLCs, smart meters, and digital relays are optimal for use in substations, which creates significant potential for the growth of the global intelligent electronic devices market. In addition, rising urbanization is augmenting the demand for intelligent electronic devices suitable for use in harsh environments. This is likely to boost the demand for IEDs such as PLCs, load tap controllers, and digital relays in the next few years.

Based on application, the global intelligent electronic devices market has been segregated into mass transit system, traction signaling & control system, water supply & management system, automation, and condition monitoring. In 2017, the automation segment accounted for the maximum market share and is expected to maintain its dominance throughout the forecast period. On the other hand, the water supply & management system segment is anticipated to expand at the maximum CAGR of 6.7% during the forecast period.

In terms of end-use industry, the intelligent electronic devices market has been classified into automotive, pharmaceutical, oil & gas, petrochemical, health care, food & beverages, energy & power, water & wastewater treatment, and others. In terms of revenue, the automotive segment accounted for a major market share of more than 30% in 2017 and is anticipated to expand at a CAGR of 6.3% during the forecast period.

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As per TMR analysis, in 2017, Asia Pacific held the maximum i.e. more than 30% share of the global intelligent electronics devices market, in terms of both revenue and volume. The market in Asia Pacific is primarily driven by increased investments in modernization of infrastructure and continuously rising urban population in the region, especially in developing economies such as China and India. The intelligent electronic devices market in Asia Pacific is expected to witness more innovations and developments in the near future, as several leading manufacturers are investing in research and development activities. Furthermore, rising deployment of smart grids and favorable initiatives taken by government bodies are likely to boost the market in Asia Pacific during the forecast period.

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