The global market for metrology systems is anticipated to grow at a CAGR of 11.5% during the forecast period of 2023 to 2031. Due to technological advancements and a greater demand for precision, metrology systems are projected to experience substantial growth. To perform metrology functions more efficiently and effectively, automated processes and systems are being developed, and automation is expected to become more prevalent in metrology systems.
The automotive 3D Imaging and sensing market is expected to grow at a CAGR of 18% during the forecast period of 2022 to 2030. The advanced driver assistance systems (ADAS) in automobiles are the foundation of the progressive increase in automation that is occurring across the globe in the automotive industry. The incorporation of 3D imaging and sensing into automotive systems is an essential component of this automation, which is made possible by continued technological advancements in CMOS image sensors.
With a compound annual growth rate of 7.51% during the forecast period of 2023 to 2031, the market size of the security and vulnerability management market is projected to reach US $26.87 billion by 2031.
Kiosks have been around in the airline industry over two decades, but with limited application. However, in view of keeping pace with the advancements in the technologies (self service, security, etc.) and need for efficiently managing airline operations has spurred installation of kiosks at airports worldwide.
