The U.S. microcontroller market size was estimated at USD 4.508.6 million in 2023 and is projected to grow at a CAGR of 10.6% from 2024 to 2030. The increasing adoption of microcontroller units (MCUs) in smart meters and the growing demand for MCUs in automotive and medical applications ... Read More »
May 2024The global functional safety market size was estimated at USD 6.12 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030. The rising demand for industrial automation and awareness of workplace safety drive the market growth. The market focuses on the development, i... Read More »
May 2024The global power management system market size was estimated at USD 6.13 billion in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. Factors such as the increasing importance of energy efficiency across industries and growing environmental sustainability awareness drive ... Read More »
May 2024The global audio visual hardware market size was estimated at USD 256.53 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030. The market is undergoing a significant transformation with a notable surge in online sales and the adoption of direct-to-consumer (DTC) ch... 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 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 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 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 2024The global LED lighting market size was worth USD 81.48 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 11.0% from 2023 to 2030. Rising construction in both developing and developed countries, together with government laws limiting the use of inefficien... 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... Read More »
February 2024The global point-of-sale terminal market size was valued at USD 103.83 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The Point-of-Sale (POS) terminal is an electronic appliance utilized to procedure card payments to location... Read More »
January 2024The global restaurant point-of-sale terminal market size was valued at USD 22.26 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. Due to temporary closures and a decline in dine-in customers, the COVID-19 pandemic influenced the restaurant industry's business... Read More »
January 2024The global industrial refrigeration systems market size was valued at USD 20.48 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The rising usage of processed and packaged foods & drinks and the need to prevent spoilage are su... Read More »
January 2024The global earphones and headphones market size was valued at USD 71,496.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. Increasing adoption of earphones and headphones during the workout is primarily expected to drive the ma... Read More »
January 2024The global non-destructive testing market size was valued at USD 20,019.5 million in 2023 and is expected to register a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. The growing manufacturing activities across the developing and the developed nations is estimated to drive... Read More »
January 2024