The 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 2024The global computer numerical control machines market size was valued at USD 60.90 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030. The widespread adoption of computer numerical control (CNC) machines can be attributed owing to t... Read More »
January 2024The global automated test equipment market size was valued at USD 7,643.8 million in 2023 and is expected to grow a Compound Annual Growth Rate (CAGR) of 3.0% from 2024 to 2030. The growth is driven by the use of Automated Test Equipment (ATE) in the automotive and semiconductor ind... 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 anticipated to grow at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2030. The increasing demand for commercial laundry equipment is expected to provide an impetus to the industry growth... 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 intelligent power module market size was estimated at USD 2.71 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030. The growth in sales of electric vehicles and growing adoption of renewable energy drives the market growt... Read More »
November 2023The global IP camera market was valued at USD 11.36 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.9% from 2023 to 2030. The rising demand for security surveillance has recently gained popularity due to the increasing number of home burglaries and... Read More »
November 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 2023