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Worldwide Wireless Temperature Sensors Industry to 2025 - Building Automation Sector Expected to Hold Significant Share


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Worldwide Wireless Temperature Sensors Industry to 2025 - Building Automation Sector Expected to Hold Significant Share - ResearchAndMarkets.com
December 16, 2020 GMT
DUBLIN (BUSINESS WIRE) Dec 16, 2020
The global wireless temperature sensors market (henceforth referred to as the market studied) was valued at 15.09 million units in 2019. It is expected to register a CAGR of about 7%, during the period of 2020- 2025.
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The adoption of process and monitoring automation in the industrial operations is the major driver augmenting the demand for wireless sensors in asset monitoring, security, and quality assurance. The improved reliability of networked equipment with communication technology advancements is a significant factor driving the market for wireless temperature sensors. ....

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Global More Electric Aircraft Market (2020 to 2025) - Advancements in High-Density Battery Solutions Presents Opportunities - ResearchAndMarkets.com


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The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period.
Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA.
The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the more electric aircraft market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower air travels and passenger traffic ....

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