The global audio visual hardware market size was valued at USD 256.5 billion in 2023 and is projected to grow from USD 306.7 billion in 2026 to USD 389.2 billion by 2030, at a CAGR of 6.1% from 2024 to 2030. The market in North America dominated with a revenue share of 31.9% in 2023. The market is undergoing a signi... 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 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 smart motors market size was valued at USD 2.3 billion in 2023 and is projected to grow from USD 2.8 billion in 2026 to USD 3.6 billion by 2030, at a CAGR of 6.7% from 2024 to 2030. The market in North America dominated with a revenue share of 34.2% in 2023. The global surge i... 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 computer numerical control machines market size was estimated at USD 66.74 billion in 2022 and is projected to reach USD 132.93 billion by 2030, growing at a CAGR of 10.3% from 2023 to 2030. The widespread adoption of computer numerical control (CNC) machines can be attri... 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 2023The global unified communication and business headsets market size was valued at USD 3.30 billion in 2022 and is anticipated to grow at a CAGR of 14.2% over the forecast period. The increasing demand for mobility and portability has led to a surge in the adoption of UC-enabled devices th... Read More »
November 2023The global household refrigerators and freezers market size was valued at USD 88.7 billion in 2022 and is projected to grow from USD 109.1 billion in 2026 to USD 124.8 billion by 2030, at a CAGR of 4.1% from 2023 to 2030. Asia Pacific dominated the market, accounting for a revenue share of 36.5% in 2022... Read More »
November 2023The global camping cooler market size was estimated at USD 893.7 million in 2022 and is projected to reach USD 1,207.9 million by 2030, growing at a CAGR of 3.5% from 2023 to 2030. The growing popularity of outdoor recreational activities such as off-roading and hiking among travelers is... Read More »
November 2023The GCC protective relay market size was valued at USD 403.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% over the forecast period from 2023 to 2030. The growth is primarily attributed to the growing investments in the transmission & distrib... Read More »
November 2023