Commercial Truck Insurance Market Share, Demand and Top Growing Companies 2030

FEB 26, 2020: The global Microcontroller market size is predicted to attain USD 47.74 billion by 2027, according to a new report by Radiant Insights, Inc.

The market is expected to witness a CAGR of 10.8% over the forecast period, owing to the increasing focus on automation and Artificial Intelligence (AI) across various verticals such as automotive and industrial.

Microcontrollers would play a crucial role in the development of such devices leading to the market growth.Rising need for agility and flexibility in the industrial ecosystem due to the reducing product lifecycles is expected to further spur the demand for MCUs.

Flexible production and asset management would also influence the factory integration, offering high potential for automation and customized solutions among industrial applications.Further key findings from the study suggest:The 32-bit microcontroller is anticipated to emerge as the fastest-growing product segment over the forecast period, owing to its ability to offer high computational power.

Technological developments in the production of semi-autonomous and fully autonomous driving systems also require 32-bit microcontrollers, thus driving the growth of the product segmentThe automotive application segment dominated the global market in 2019 and is estimated to witness a CAGR exceeding 11% over the forecast period.

Increasing demand for enhanced safety features, convenience functions, and entertainment systems, along with government regulations on emission control are driving the segment growthNorth America is expected to maintain its dominance over the forecast period.

According to the new research report "Encoders Market with COVID-19 Impact, by Type (Linear and Rotary), Technology (Optical, Magnetic, Inductive), Application (Automotive, Consumer Electronics, Industrial, Power, Healthcare), Signal Type, and Geography - Global Forecast to 2026", the global Encoder market size is expected to grow from USD 2.3 billion in 2021 to USD 3.7 billion by 2026, at a CAGR of 10.0%.The growth of this market is driven mainly by the need for high-end automation across industries, growth in adoption of Industry 4.0, the inclination toward advanced technologies amid COVID-19 pandemic, increasing demand for artificial intelligence, and upcoming technologies in the automotive industry.

Browse 160 market data Tables and 40 Figures spread through 192 Pages and in-depth TOC on "Encoders Market with COVID-19 Impact - Global Forecast to 2026" Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14566162  Inductive encoder technology is estimated to hold the largest growth rate of the Encoder market during the forecast period.

The inductive encoder technology is expected to held the largest CAGR of the encoder market during the forecast period.

They are used in a wide range of applications that require monitoring or control, or both, of mechanical systems, including industrial controls, robotics, photographic lenses, computer input devices, and rotating radar platforms.

The increasing demand for energy-efficient production processes, coupled with the need for feedback systems, is expected to create opportunities for the encoder market in APAC.

However, the pandemic has resulted in disruptions in supply chain activities, revenue losses, and the slowdown in production activities which have highly impacted the growth of the market, eventually impacting the economy.

Increasing government funding for vaccine production and growing emphasis on immunization are major factors expected to drive the marketVaccines Market Size – USD 42 Billion in 2020, Market Growth – 7.3% Market Trends – Expanding pharmaceutical industry and drive to vaccinate allThe global Vaccines Market size is expected to reach USD 73.78 billion by 2028, registering a CAGR of 7.3% over the forecast period, according to the latest report by Reports and Data.

Major factors driving market revenue growth are rising prevalence of infectious diseases, increasing government funding for vaccine production, and growing emphasis on immunization.Immunization is a public health and development success storey that saves millions of lives each year.

Vaccination helps avoid over 20 life-threatening diseases, helping people of all ages to live longer, healthier lives.

Vaccines save lives of 2-3 million people per year from diseases such as diphtheria, tetanus, pertussis, influenza, and measles.Immunization is a basic human right and an essential component of primary health care.

Over the past decade, more than 1 billion children have been vaccinated.

They're crucial in battle against antimicrobial resistance, and for global health protection.

Overview:The global report on the automotive cyber security market is slated to cross USD 32 million after achieving a CAGR of 9% during the forecast period of 2018 to 2023.

Market Research Future (MRFR) made a comprehensive analysis of the market to understand factors that can bolster this growth.

Among these, the rising demand for personal vehicles, better integration of technologies, hike in research-related investment, growing demand for smart cars and threats associated with it, and others are expected to bolster the market.However, these technologies are expensive and high-end cars are mostly equipped with such technologies, which shows the market’s growth capacity is pretty limited.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/2970Segmentation:The global study of the automotive cyber security market has been segmented by MRFR analysts on the basis of security type, vehicle type, and application.

These three segments would provide data, gleaned by experts, to help in developing tactical mechanisms that can inspire trends and affect the market outcome.By security type, the global understanding of the automotive cyber security market has been segmented into network security, application security, endpoint security, cloud security, and wireless security.By vehicle type, the study of the Automotive Cyber Security Market includes passenger cars and commercial cars.

Due to personal safety preferences, the passenger segment may record substantial growth.By application, the report on the automotive cyber security market comprises segments like telematics, onboard diagnostics (OBD), communication channels, infotainment, powertrain, safety systems, and others,Regional Analysis:North America is slated to emerge as the leader in the automotive cyber security market.

This is due to the inclusion of advanced technical support for cyber security in the automotive industry.Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-cyber-security-market-2970Competitive Landscape:Harman International Industries, Inc. (U.S.), Argus Cyber Security (Israel), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), Karamba Security (Israel), Intel Corporation (U.S.), NNG Software Developing And Commercial Llc.

The major factors driving the growth of slide stainer market include the increasing incidence of chronic diseases, rising geriatric population, growing automation in laboratories, and increasing healthcare expenditure.The slide stainers market is expected to reach USD 4.70 billion by 2023 from an estimated USD 2.79 billion in 2018, at a CAGR of 11.0%.By product, the reagents segment accounted for the largest share of the slide stainers market in 2017On the basis of product, the reagents segment accounted for the largest share of the global slide stainers market in 2017.

The large share of this segment is attributed to the rising prevalence of chronic and infectious diseases, increasing healthcare expenditure, increasing public awareness, and growing demand for automation in diagnostics and clinical research.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=134046412By technology, the hematoxylin & eosin (H) segment held the largest share in 2017 Based on technology, the automated slide stainers market is segmented into hematoxylin and eosin (H), immunohistochemistry, in situ hybridization, cytology, microbiology, hematology, and special stains.

In 2017, the H segment accounted for the largest share of the slide stainers market.North America dominated the slide strainers and accessories market in 2017 North America accounted for the largest share of the slide stainers and accessories market in 2017, followed by Europe and Asia Pacific.

The highly developed healthcare system in this region, the easy accessibility to technologically advanced instruments, and the presence of major key players in the region are the major factors responsible for the large share of the North American automated slide stainers market.Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=134046412Leading CompaniesRoche (Switzerland), Agilent (US), Danaher (US), BioGenex (US), Thermo Fisher Scientific (US), Sakura (Japan), Biocare Medical (US), Merck Group (Germany), General Data Company (US), and Hardy Diagnostics (US).