The global audio visual hardware market size was estimated at USD 256,533.1 million in 2023 and is projected to reach USD 389,210.0 million by 2030, growing at a CAGR of 6.1% from 2024 to 2030.... Read More »
April 2024The U.S. variable frequency drive market size was valued at USD 4.70 billion in 2023 and is anticipated to grow at a CAGR of 5.0% from 2024 to 2030. Variable frequency drives are considered a highly adequate and effective energy management tool to improve operational performance and the ... Read More »
April 2024The APAC micro LED market size was valued at USD 341.4 million in 2023 and is projected to grow at a CAGR of 75.4% from 2024 to 2030. The APAC accounted for 54.7% of the global micro LED market. Micro Light Emitting Diodes (LEDs) are expected to witness significant adoption in the Asia P... Read More »
April 2024The U.S. electric motor market size was estimated at USD 27.11 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030. The growing awareness regarding green vehicles (electric vehicles) among customers is a critical factor in the growth... Read More »
March 2024The U.S. earphone and headphone market size was valued at USD 13.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. The U.S. accounted for 18.4% of the global earphone and headphone market. Portable music systems, such as smartp... Read More »
March 2024The U.S. industrial refrigeration systems market size was valued at USD 5.11 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 1.8% from 2024 to 2030. The market is anticipated to be driven by the rising need of industrial refrigeration in the chemical &a... Read More »
March 2024The U.S. brushless DC motor market size was estimated at USD 3.0 billion in 2023 and is projected to grow at a CAGR of 7.0% from 2024 to 2030. In 2023, the US target market accounted for 10.75% of the global brushless DC (BLDC) motor market. The U.S. has a strong presence in industries t... Read More »
February 2024The global vacuum cleaner market size was estimated at USD 13.65 billion in 2023 and is projected to reach USD 26.44 billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.The market growth is attributed to the rising demand for vacuum cleaners driven by increasing applications ac... Read More »
February 2024The U.S. non-destructive testing market size was estimated at around USD 5.2 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2030. The increasing technological developments in advanced non-destructive testing (NDT) processes have resu... Read More »
February 2024The global microcontroller market size was valued at USD 32.37 billion in 2023 and is projected to reach USD 69.87 billion by 2030, growing at a compound annual growth rate CAGR of 11.7% from 2024 to 2030. The growth is expected to be driven by the increasing adoption of MCUs across the ... Read More »
February 2024The global smart motors market size was estimated at USD 2.31 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. The global surge in sales of both passenger and commercial vehicles has led to a substantial increase in the dema... Read More »
February 2024The global restaurant point of sale terminal market size was estimated at USD 22,263.9 million in 2023 and is projected to reach USD 38,159.5 million by 2030, growing at a CAGR of 8% from 2024 to 2030.... Read More »
January 2024The global earphones and headphones market size was valued at USD 71,496.7 million in 2023 and is projected to reach USD 163,831.2 million by 2030, growing at a CAGR of 12.6% from 2024 to 2030. Increasing adoption of earphones and headphones during the workout is primarily expected to drive the market growth over th... Read More »
January 2024The global non-destructive testing (ndt) market size was estimated at USD 20,019.5 million in 2023 and is projected to reach USD 34,148.1 million by 2030, growing at a CAGR of 7.9% from 2024 to 2030.... Read More »
January 2024The global computer numerical control machines market size was valued at USD 60.90 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. The widespread adoption of computer numerical control (CNC) machines can be attributed owing to t... Read More »
January 2024The Philippines e-cigarette and vape market size was valued at USD 113.6 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2030. The growth of the Philippines e-cigarette and vape industry can be primarily attributed to the perceptio... Read More »
January 2024The global washing machine market size was estimated at USD 57.01 billion in 2022 and is projected to reach USD 126.75 billion by 2030, growing at a CAGR of 10.2% from 2023 to 2030. The increasing demand for commercial laundry equipment is expected to provide an impetus to the indus... Read More »
December 2023The Mexico cleanroom technology market size was valued at USD 147.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The country’s favorable manufacturing environment, thanks to factors such as free trade agreements and the ... Read More »
December 2023The global membrane air dryers market size was valued at USD 885.6 million in 2022 and is expected to expand at a CAGR of 7.9% from 2023 to 2030. These air dryers provide several benefits, such as lowering the dew point of air and removing contaminants that may negatively impact the air ... Read More »
December 2023The Asia Pacific variable frequency drive market size was valued at USD 8.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. In emerging economies, rapid industrialization and the continued expansion of the manufacturing and indu... Read More »
December 2023