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Varsha Patil is a Research from Pune
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The global agriculture drone market was estimated as USD 193.4 million in 2015 and is expected to grow significantly over the forecast period. The technology is gaining the traction among farmers for better productivity and efficient use of land, water, and fertilizers.

These drones contribute in taking snapshots of a vast area of fields, providing the important and crucial data related to soil and crops, that further aids in crop management. The drones or UAVs are used for crop monitoring which also enhance yields and further reduces the cost of airplane fly-over filming.
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The global automated test equipment (ATE) is expected to reach USD 4.3 Billion by 2022. The equipment employs the semiconductor chips for testing. Growing demand in computing, consumer and communication industry is expected to fuel the market growth. Furthermore, growing demand and need for efficiency in various end-user segments which include healthcare, consumer electronics, communication, automotive, and defense is anticipated to upsurge the industry growth over the forecast period.
Constant developments in software, computing and instrumentation technology are projected to fuel the innova
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tion and growth in the industry. Growing demand for consumer electronics and rising adoption of SoC is anticipated to boost the market growth over the forecast period. Growing device integration with rising consumer demand for additional features has led to an increase in the number of RF ports.
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The Building automation and control system market was estimated as USD 30.8 Billion in 2014 and is expected to grow at a CAGR of 9.04% over the forecast period.

The control system is applied to control and monitor the MEP system such as power monitoring, security, escalators & elevators, CCTV, water monitoring, fire alarm system and plumbing. The control system is installed majorly in residential, commercial, public buildings and institutional buildings. Therefore, the system is also referred as the structural interlink network control system.
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The global collaborative robots (Cobots or Co-robots) market was valued at USD 145.3 Million in 2016 and is expected to grow immensely over the forecast period. The force-limited joint is the unique feature of Cobots which has been designed to identify forces due to impact and respond quickly.

The robots offer advanced industrial automation solutions to end-user industries and are considered as the one-stop solution for safe working environment. The Cobots are designed with advanced software and sensors which has further reduced the injuries of the employees. The Cobots with low price and h
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igh return on investment are further expected to fuel the market growth over the forecast period.
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The global fingerprint sensors market was valued at USD 2.82 billion in 2015 and is expected to significantly over the forecast period. Rising penetration of the sensors in smartphones and growing adoption of mobile commerce is expected to drive the market. Additionally, the growing need for simplified and secure user access will also benefit the industry growth.
Fingerprint sensors offers fast, reliable and easy access to the contacts details, mails, payment information, location data and other form of encrypted data to authorized person. Growing implementation of the technology in consumer
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electronics such as tablets, smartphones, and laptops are also projected to benefit the market growth over the forecast period.
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The Global Industrial Controls and Factory Automation Market were estimated as USD 109.0 Billion in 2014 and is projected to witness a stable growth over the forecast period.
Growing demand of automation for streamlining the processes through real time gathering and control in Chemical, Oil & gas, Water treatment, Automotive industries is projected to fuel the market growth.
Extensive application of technology in manufacturing processes, need for supply chain and mass production for catering the growing population are few factors positively influencing the industry growth. Furthermore, grow
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ing government initiatives for adoption of industrial automation in various industries is anticipated to fuel the industry growth.
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The global Passive Optical Network (PON) market was estimated at USD 5.83 Billion in 2015 and is projected to grow significantly over the forecast period. Growing demand for digitization and secure and reliable network operation is expected to drive the market growth.
Increasing requirement for faster and uninterrupted network and rising expansion in the network technologies is further projected to augment the industry growth. Furthermore, growing demand for optimized bandwidth connectivity and increasing penetration of internet and telecom services will positively benefit the industry growth
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over the forecast period. This will further boost the gigabyte PON technology in the industry.

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The global power over Ethernet (PoE) market is estimated to be USD 445.3 Million in 2015 and is expected to grow steadily over the forecast period.
The increasing demand for fast and cost-effective communication with the growing number of internet users is expected to propel the market. The technology allows the transfer of data along with the electric power over the same Ethernet cable to the PoE enabled devices which include wireless access points and IP cameras.
Factors such as low cost, low maintenance, easy installation and less downtime among others are few technological factors makin
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g it more advanced compare to the traditional network power cables. Increasing adoption of VoIP technology and rising demand for network security cameras RFID readers and proximity cameras are projected to drive the PoE industry which are placed at higher place on the walls.

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