The 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 North America fire protection system market size was valued at USD 29.09 billion in 2023 and is anticipated to grow at a CAGR of 3.6% from 2024 to 2030. The increasing number of fire-related injuries and deaths across the U.S. and Canada has become a primary enabler for the adoption ... 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. gas detection equipment market size was estimated at USD 1.10 billion in 2023 and is expected to grow at a CAGR of 10.1% from 2024 to 2030. The demand for gas detectors has grown in recent years, owing to the rising establishment of industries globally. There is a constant prese... Read More »
April 2024The U.S. microprocessor market size was estimated at USD 19.19 billion in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2030. As an early adopter of advanced technologies, the U.S. has the presence of major microprocessor companies and has extensive industries as end-users... Read More »
March 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. 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. 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. vibration control system market size was estimated at USD 847.12 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030. Vibration control systems (VCS) effectively detect and analyze vibrations by utilizing advanced algorithms... 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 digital signage market size was estimated at USD 26.76 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. This market growth is accredited to the increasing demand for the digitized promotion of products and services... Read More »
February 2024The global radio frequency components market size was valued at USD 37.26 billion in 2023 and is expected to register a compound annual growth rate (CAGR) of 13.5% from 2024 to 2030. Continuous innovations and advancements in mobile handset technology owing to continuing transition from ... Read More »
February 2024The U.S. fire protection system market size was valued at USD 24.88 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2030. The ever-present dangers of fire hazards in large establishments such as supermarkets, offices, and stadiums have... Read More »
February 2024The global LED Driver Market size was valued at USD 49.63 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2030. Technological advancements in lighting components, including LED drivers, have enabled energy efficiency and performance, t... Read More »
February 2024The U.S. eyewear market size was valued at USD 37.98 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. Due to the changing lifestyle patterns and increasing adoption of luxurious accessories, especially among millennials, the market is expected to grow. Growin... Read More »
February 2024The global electric motor sales market size was valued at USD 182.65 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2023 to 2030. An increase in awareness regarding green vehicles among customers has been a key factor driving the market.... 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 vibration control system market size was estimated at USD 5,182.0 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. The market is witnessing increased global demand due to the rising focus on mechanical balancing and sta... Read More »
February 2024The global vacuum cleaner market size was valued at USD 13.65 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2030. The market growth is attributed to the rising demand for vacuum cleaners driven by increasing applications across resi... Read More »
February 2024The global microcontroller market size was valued at USD 32.37 billion in 2023 and is projected to expand 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 smart grid systems for smart ... Read More »
February 2024