The global industrial vending machine market size was valued at USD 2,757.82 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030. With the increasing acceptance of these devices by small and medium-sized Enterprises (SMEs), the mar... Read More »
May 2023The global retail point-of-sale terminals market size was valued at USD 28.71 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The growth is mainly driven by the rising adoption of mobile POS terminals across the retail sector &am... Read More »
May 2023The global outsourced semiconductor assembly and test services market rise was valued at USD 37.22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. This growth can be attributed to the increasing demand for consumer electronics, a... Read More »
May 2023The growth of the USB charger market can be attributed to the rising demand for wireless charging, rapid charging, multi-port chargers, and eco-friendly chargers. The market for USB chargers is expanding as smartphones and other portable electronic devices have become more widely used. A...Read More »
The solid state relay (SSR) is an electronic device that uses the electrical and optical properties of solid-state semiconductors to turn on/off when a small amount of voltage is activated between its terminals. It is primarily employed to prevent significant accidents or flashovers by t...Read More »
The global barcode printer market was valued at USD 4.20 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The growth is projected to be driven by the rising demand for industrial printers across various industrial sectors.... Read More »
February 2023The global high voltage direct current power supply market was valued at USD 3.30 billion in 2022 and is anticipated to exhibit a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. This growth can be attributed to exceptional features including the control mechanism&rsquo... Read More »
February 2023The global smartwatch chips market size was valued at USD 1,343.3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.3% from 2022 to 2030. Factors such as the increasing demand for wearable devices from consumers and technological advancements by mark... Read More »
January 2023The global circuit protection market size was valued at USD 46,844.9 million in 2022 and is expected to advance at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. The growing demand for wireless and connected devices is experiencing growth worldwide, along with proliferat... Read More »
January 2023The global variable frequency drive market size was valued at USD 25.92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Increasing penetration of connected devices in various sectors such as commercial, industrial, and resident... Read More »
January 2023The global surface vision and inspection market size was valued at USD 2,525.1 million in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 7.1 % from 2023 to 2030. Rapid industrialization globally, manufacturers’ approach toward automation to meet the changin... Read More »
January 2023The global track geometry measurement system market was valued at USD 3.18 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. The existence of several standards and regulations in the railway sector and the need for a track geomet... Read More »
December 2022The global waveguide market was valued at USD 1.30 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. A waveguide is an electromagnetic feed line that is used in radar installations, broadcasting, and microwave communication... Read More »
December 2022The global pipeline monitoring system market size was valued at USD 14.12 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.7% from 2022 to 2030. The growth of the pipeline monitoring system market is attributed to the increasing installations of pipe... Read More »
December 2022The global microphone market was valued at USD 6.33 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2030. The surge in demand for hearing aids and virtual reality (VR) headsets is expected to drive the demand for microphones worldwid... Read More »
November 2022The global outdoor solar LED market size to be valued at USD 24.75 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 24.6% during the forecast period. The growing popularity of LEDs for outdoor light settings, specifically in street light applications owi... Read More »
July 2022The North America smart trash bin market size to be valued at USD 12.3 million by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% during the forecast period. The smart trash bins considered under the scope of the study refers to the automatic garbage bin... Read More »
July 2022The global smart plug market size was valued at USD 217.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 32.0% from 2022 to 2030. Globally, 8.5 million units of smart plugs were shipped in 2021 and the shipments are expected to reach 104 million unit... Read More »
June 2022The global printed electronics market size was valued at USD 8.66 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.3% over the forecast period as printed electronic products are gaining rapid traction. The estimated escalation of the technology is ... Read More »
May 2022The global laser processing market size was valued at USD 17.48 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. The market growth is attributed to the increased usage of lasers in medical devices and surgery applications. In ad... Read More »
May 2022