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According to a new report published by Allied Market Research, titled, "World Permanent Magnet Synchronous Motor (PMSM) Market" the world PMSM market is likely to generate revenue of $31.1 billion by 2022, growing at a CAGR of 10.9% from 2016 to 2022. Asia-Pacific is expected to dominate the PMSM market in terms of revenue as well as volume, during the forecast period, due to ample availability of low-cost raw materials, improved government regulations, and increased spending power of customers.
According to a new report published by Allied Market Research, titled, â€œWorld Facial Recognition Market - Opportunities and Forecasts, 2015â€“2022,â€ the global facial recognition market is expected to generate revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a biometric technology that selects facial features of an individual and compares them with an available database to provide identification and authorization.
According to a new report published by Allied Market Research, titled, World Silicones Market the silicones market is expected to reach $20,784 million by 2022, growing at a CAGR of 4.9% from 2016 to 2022. Silicone elastomers segment dominated with more than one-third share of the market revenue and volume in 2015.