The global switchgear market size was valued at USD 98.12 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. A major factor expected to drive the global market for switchgear is the increasing emphasis on developing smart grid in... Read More »
September 2023The global advanced process control market size to be valued at USD 24.9 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 9.2% from 2019 to 2025. The market is anticipated to be primarily driven by the growing emphasis of end use industries such as ... Read More »
September 2023The global mini LED market size was valued at USD 714.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 54.3% from 2023 to 2030. Light Emitting Diodes (LEDs) have witnessed significant adoption over the past few years with several advancements in next-g... Read More »
September 2023The global application specific integrated circuit market size was estimated at USD 15.99 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. The market is poised to experience a surge in demand primarily driven by the increasing ut... Read More »
September 2023The global solid state drive market size was valued at USD 7.51 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2018 to 2025. The market is projected to gain traction over the forecast period, due to factors such as advantages of solid state ... Read More »
September 2023The global industrial barrier systems market size was estimated at USD 2.16 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The ongoing technological advancements and their integration into industrial barrier systems offer new... Read More »
September 2023The global fire sprinkler systems market size was estimated at USD 8.11 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The market has witnessed substantial growth owing to the rapid expansion of the construction industry glob... Read More »
September 2023The chip on board (CoB) is a technology of light-emitting diode (LED) packaging wherein the uncoated semiconductor elements are directly mounted on a substrate or PCB with the help of a conductive or non-conductive adhesive and then wire bonded for electrical connectivity. This form of p... Read More »
August 2023The global home audio equipment market size was estimated at USD 29.56 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. Realistic home audio equipment is anticipated to be a major growth driver. Consumer demand for high-perfor... Read More »
August 2023The global specialty lighting market size was valued at USD 5.3 billion in 2019. It is projected to expand at a compound annual growth rate (CAGR) of 7.0% from 2020 to 2027. Increasing adoption of lighting solutions for special purposes and the need for enhanced illumination across medic... Read More »
August 2023The global RF interconnects market size was estimated at USD 29.12 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.6%% from 2023 to 2030. RF interconnect is used in numerous electronic products where signal transmission quality is critical. It is crit... Read More »
August 2023The global through-hole passive components market size was estimated at USD 35.63 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. The growth of the market can be attributed to the growing penetration of connected devices and the ... Read More »
August 2023The Asia Pacific fiber optics market size was valued at USD 2,523.9 million in 2022 and is projected to grow at a compound annual growth rate(CAGR)of 9.0% from 2023 to 2030.Numerous countries in the Asia Pacific region are experiencing a shift toward a technologically advanced landscape,... Read More »
July 2023The global photoelectric sensors market size was estimated to be USD 1.24 billion in 2016. These sensors are used in manufacturing, packaging, and material handling industries to perform functions such as detection of transparent bottles,monitoring of product presence, detection of wafer... Read More »
July 2023The global inkjet printers market size was valued at USD 34.24 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2020 to 2027. The packaging industry is witnessing a rapid growth across the globe due to huge demand from the e-commerce transpor... Read More »
July 2023The global tilt sensor market size to be valued at USD 288.7 million by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% during the forecast period. The market has witnessed steady growth over the years owing to rising demand for these devices from smartphones... Read More »
July 2023The global hand dryers market size was valued at USD 788.4 million in 2018 and is projected to grow at a compound annual growth rate (CAGR) of 11.5% from 2019 to 2025. This is attributed to their increasing adoption in several end-use industries comprising airports, hotel and restaurants... Read More »
July 2023The global linear LED strip fixture market size was estimated at USD 2.13 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.0% from 2023 to 2030. The need for smart lighting solutions is likely to increase as a result of the strong growth being seen by... Read More »
July 2023The U.S. fire safety equipment market size was valued at USD 15.96 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. The construction industry is a primary factor driving the market growth, as new buildings are equipped with fire s... Read More »
July 2023The global field programmable gate array (FPGA) market size was valued at USD 10.46 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2023 to 2030.The growing trend for the adoption of field programmable gate array in areas of deep packet inspe... Read More »
June 2023