The global industrial and commercial LED lighting market size was valued at USD 51.37 billion in 2023 and is projected to grow at a CAGR of 10.2% from 2024 to 2030. Lower prices of semiconductor chips and components are leading to decreasing manufacturing costs. There is an increasing ne... Read More »
August 2024The global architectural lighting market size was valued at USD 9.81 billion in 2023 and is anticipated to grow at a CAGR of 7.8% from 2024 to 2030. The rapid evolution of LED lighting is driving the growth of the architectural lighting market. LEDs have primarily replaced traditional li... Read More »
August 2024The global personal computers market size was estimated at USD 155.19 billion in 2023 and is anticipated to grow at a CAGR of 8.0% from 2024 to 2030. The digitalization of various aspects of daily life and work significantly drives the growth of the market. As more activities, from shopp... Read More »
August 2024The global loudspeaker market size was valued at USD 6.52 billion in 2023 and is projected to grow at a CAGR of 7.3% from 2024 to 2030. The rising demand for consumer electronics and individuals purchasing electronic gadgets such as smartphones, tablets, and smart TVs with integrated spe... Read More »
August 2024The global inverter duty motor market size was valued at USD 5.09 billion in 2023 and is expected to grow at a CAGR of 9.8% from 2024 to 2030. An inverter duty motor is an electric motor specifically designed to operate with variable frequency drives (VFDs). These motors are engineered w... Read More »
August 2024The global inertial measurement unit market size was estimated at USD 27.99 billion in 2023 and is expected to grow at a CAGR of 11.9% from 2024 to 2030. An inertial measurement unit (IMU) is a device comprising multiple sensors that measure acceleration, angular velocity, and orientatio... Read More »
August 2024The global automotive lighting market size was valued at USD 32.60 billion in 2023 and is projected to grow at a CAGR of 5.95% from 2024 to 2030. The automotive lighting market is experiencing significant growth driven by factors such as the increasing emphasis on road safety, government... Read More »
August 2024The global pico projector market size was valued at USD 5.25 billion in 2023 and is projected to grow at a CAGR of 21.2% from 2024 to 2030. A pico projector is a portable multimedia device offering projection capabilities in a miniaturized form factor. These portable and affordable compact projectors are suitable fo... Read More »
August 2024The global gear motor market size was estimated at USD 24.38 billion in 2023 and is expected to grow at a CAGR of 7.0% from 2024 to 2030. The growing trend of industrial automation primarily influences the market. As industries seek to enhance efficiency and productivity, the integration... Read More »
August 2024The global insulation monitoring systems market was estimated at USD 741.7 million in 2023 and is expected to expand at a CAGR of 5.2% from 2024 to 2030. Insulation monitoring systems or insulation monitoring devices (IMDs) are electronic instruments designed to detect and diagnose degra... Read More »
August 2024The global emergency lighting market size was estimated at USD 6.89 billion in 2023 and is anticipated to grow at a CAGR of 13.0% from 2024 to 2030. The adoption of better safety standards and the incorporation of smart technologies are significant market growth drivers.... Read More »
August 2024The global DC-DC converter market was estimated at USD 10.79 billion in 2023 and is expected to grow at a CAGR of 11.4% from 2024 to 2030. The primary market driver is the rising demand for energy-efficient power conversion solutions across various industries. The rapid expansion of rene... Read More »
August 2024The global paralleling switchgear market size was valued at USD 1.71 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. The increasing demand for reliable and uninterrupted power supply across various industries is a major factor contributing to the growth of th... Read More »
July 2024The global low voltage motor control centers market size was estimated at USD 4.28 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030. Low-voltage motor control centers (MCCs) are factory-assembled enclosures that house and manage the starting, stopping, and pro... Read More »
July 2024The global coordinate measuring machine market size was estimated at USD 3.20 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. A coordinate measuring machine (CMM) serves as a vital tool within manufacturing and assembly processes.... Read More »
July 2024The global molded interconnect device market size was estimated at USD 1.91 billion in 2023 and is projected to grow at a CAGR of 13.5% from 2024 to 2030. Factors such as the trend towards miniaturization of electronic devices and the increasing demand for high-performance and lightweigh... Read More »
July 2024The global power quality equipment market size was estimated at USD 31.82 billion in 2023 and is expected to grow at a CAGR of 6.3% from 2024 to 2030. The market growth is driven by the increasing demand for reliable and uninterrupted power supply across various industries. The rising in... Read More »
July 2024The global digital fault recorder market size was estimated at USD 1.47 billion in 2023 and is projected to grow at a CAGR of 6.6% from 2024 to 2030. Several factors are driving the growth of the market, including the growing demand for reliable power supply, growing grid modernization i... Read More »
July 2024The global linear motion bearing market size was estimated at USD 9.13 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The surge in industrial automation and the integration of robotics in manufacturing and other sectors have significantly propelled the deman... Read More »
July 2024The global printers market size was valued at USD 52.13 billion in 2023 and is expected to grow a CAGR of 4.7% from 2024 to 2030. The increasing advertising requirements of enterprises have significantly contributed to the growth of the market. As businesses strive to implement compellin... Read More »
July 2024