The global quantum cryptography market accounted at US$ 105.3 Mn in 2018 and is expected to reach US$ 1,996.1 Mn by 2027 with a CAGR growth rate of 39.2% in the forecast period from 2019 to 2027.
The data acquisition system mainly facilitate the seamless collection and interpretation of the data generated by the industrial machinery and system to facilitate improved operation and performance capabilities. Among these the data acquisition hardware such as terminal units, sensors and signal convertors among other components have profound scope of application among PLC, HMI, SCADA and other industrial solutions across different industry verticals. Currently, several prominent market players offer comprehensive data acquisition solution comprising hardware and IT application to enable improved performance of the industrial business units.
Connected home devices refers to residential electrical appliances which are connected or enabled with digital communication technology such as Bluetooth, and Wi-Fi. These appliances include television, sound systems, lighting, HVAC, voice assistance devices, and others. Connected devices enables users to control the devices through remotely through a computer or smartphones.
The industrial controllers minimize human interference and allow manufacturing facilities to increase product quality, reliability, and quantity while reducing the costs incurred in the manufacturing and designing of the product. The demand for automation by manufacturing facilities and similar industries is anticipated to drive the growth of the global industrial controllers market.
Ballast Water Treatment System is a system developed to eradicate and destroy different biological organisms such as algae, bacteria, and zooplankton from ballast water. Pertaining to growing healthcare related concern in shipping industry, the demand for ballast water treatment system is rising.