The 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 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 retail automation market size was estimated at USD 24.12 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2030. The demand for streamlining retail operational workflows to improve business processes, better transparency and v... 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 night vision device market size was valued at USD 7.02 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% from 2023 to 2030. The growing popularity of these devices among nature enthusiasts and wildlife researchers is likely to propel t... Read More »
November 2023