The sound and sensors technology is emerging across the globe. This ultrasonic sensor radiates ultrasonic waves in the air, then it receives a reflected wave from the object and measure the distance to the presence detection of the object. The air ultrasonic sensors have demand across medical sector, automobile sector, house hold sectors and so on. The sensors functions in measuring of signals which are transmitted and received by them.
The global airborne sonar market is expected to grow at a CAGR of 7% within the period of 2019-2029. There is significant rise in sonar technology over few years. High-resolution imaging, mapping of the ocean and its floor has been limited to less than 5% of the global waters due to technological restrictions. The aerial synthetic systems have provided to overcome the barrier by high resolution images of landscapes; however, they are unable to penetrate under water.
3D vision capabilities have made it possible for robots to perform more than one activity without reprogramming and as well as account for unforeseen circumstances in the workplace. Robots must be able to sense their surroundings to accomplish tasks. Perception entails both seeing (sensing) and comprehending (interpreting). Sensing uses techniques including stereo vision, structured light, and time-of-flight, whereas interpreting involves data analysis. Furthermore, 3D vision allows a robot to perceive and react to what is in front of it to a certain degree.
The Sonar fish finder market is forecasted to grow at a CAGR of 6.8 % within the forecasted period. The global sonar fish finder market is emerging as the technology enhances its growth by research & innovation. Sonar is a high performance horizontal fish finder that can detect and display the objects in all directions around the device.
The global sonobuoy market is forecasted to grow at a CAGR of 7.2% within forecast period of 2021 to 2029. Sonobuoy is a buoy equipped to detect underwater sounds and transmit them by radio. Defence sectors have a significant rise over the revenue in the past few years as the government increases the budget of defence sector. Factors such as anti-submarine welfare, increase in maritime activities, research and development, innovation drives the market growth.
The hook and loop fasteners market is expected to grow at a compound annual growth rate of 5.6% during the forecast period of 2021 to 2029. The growth is mainly attributable to increased demand by the industrial sector and other end-use industries. Hook and loop fasteners are also called hook and pile fasteners or touch fasteners.
The global thin wall packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 41.7 Bn in 2018. The global thin wall packaging market is majorly driven by the rising food & beverage industry and growing demand for lightweight packaging. A surge in demand for a consumer-friendly and changing lifestyle are some other factors expected to drive the market in years to come.
The global molded pulp packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 3.3 Bn in 2018. The molded pump market is majorly driven by a shift in consumer preference towards eco-friendly & recyclable materials along with growing disposable income globally.
The global aluminum caps & closures market is rising significantly, anticipated to expand at a CAGR of 4.3% during the estimated period from 2019 to 2027, starting from US$ 5.60 Bn in 2018. The rising concerns for product security and safety along with growing demand for convenience packaging solutions the market is growing substantially.
The global microgrid control system market is growing proficiently, projected to grow at a CAGR of 12.0% during the expected period from 2019 to 2027, starting from US$ 2.61 Bn in 2018. An increased concern of carbon emission, advancement in IoT, as well as communication technologies, are the major drivers of the global microgrid control system market.
