The global bearing market size was valued at USD 111.59 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030. Bearings are virtually used in every kind of equipment or machinery, ranging from automobile parts, farm equipment... Read More »
February 2024The global emission monitoring systems market size was valued at USD 3.50 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2030. The growth can be attributed to advancements in sensor technologies, data analytics, and remote monitoring... 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 motion control market size was valued at USD 16.63 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. Factors such as the increasing demand for automation in various industries and the rising adoption of robotics & i... Read More »
January 2024The global semiconductor memory market size was valued at USD 111.62 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 11.6% from 2024 to 2030. The global market demand was 44.02 billion units in 2023 and 76.23 billion units in 2030. The market is poised ... Read More »
January 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 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 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 optical sensors market size was estimated at USD 25.32 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2030. Factors such as the rising adoption of automation in various industries and growing demand for consumer electroni... 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 linear actuator market size was estimated at USD 52.67 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2030. The rise in industrial automation and robotics is the primary factor propelling the market. Linear actuators pla... Read More »
January 2024The global multi-layer ceramic capacitor market size was valued at USD 10.90 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. Multi-layer ceramic capacitor (MLCCs) are multilayered capacitors made of alternating layers of ceramic ... Read More »
December 2023The 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 global consumer network attached storage market size was estimated at USD 4.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030. Rapid digital transformation among small- and medium-sized enterprises (SMEs) and growth of unstr... 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 2023