The Middle East distribution meter market size was valued at USD 4.96 billion in 2024 and is projected to grow at a CAGR of 4.5% from 2025 to 2030. One of the key growth drivers for this market is higher energy demand in the region. Increasing adoption of technology-driven devices and sy... Read More »
October 2024The global contactless biometrics technology market size was estimated at USD 17.5 billion in 2024 and is expected to grow at a CAGR of 17.1% from 2025 to 2030. The market has experienced significant growth in recent years due to the increasing security concerns, the need for convenient ... Read More »
October 2024The global automotive sensor market size was valued at USD 39.5 billion in 2023 and is projected to grow at a CAGR of 11.9% from 2024 to 2030. The increasing demand for advanced driver-assisted systems (ADAS) and autonomous vehicles (AVs) are the key factors driving the automotive sensor... Read More »
October 2024The U.S. motor vehicle sensor market size was valued at USD 3.88 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030 owing to the increased demand for Advanced Driver Assistance Systems (ADAS). ADAS technologies are designed to enhance vehicle safety and driving ... Read More »
October 2024The global 3D projector market size was valued at USD 3.72 billion in 2023 and is projected to grow at a CAGR of 10.0% from 2024 to 2030. A 3D projector maps three-dimensional images and videos on a two-dimensional (2D) surface like a screen. Objects generated from a 3D projector give a ... Read More »
October 2024The global advanced process control market size was valued at USD 2.17 billion in 2023 and is projected to grow at a CAGR of 10.6% from 2024 to 2030. Advanced process control (APC) includes model-based software to enhance and manage complex industrial processes such as chemical processin... Read More »
October 2024The global microcontroller socket market size was valued at USD 1.47 billion in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030. The extensive use of microcontrollers and integrated circuits in modern industries to ensure smooth operations and the development of reliabl... Read More »
October 2024The global integrated passive devices market size was valued at USD 1.26 billion in 2023 and is projected to grow at a CAGR of 7.1% from 2024 to 2030. This market growth is driven by the rising adoption of filters and diplexers in wireless system applications. IoT (Internet of Things) ap... Read More »
October 2024The global chip-on-board LED market size was valued at USD 2.70 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2030. The growing need for energy-efficient lighting sources, increasing use of IoT-enabled devices, superior quality of ... Read More »
September 2024The global home audio equipment market size was valued at USD 32.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2030. The steadily growing demand for quality home audio equipment and high-performance home theater experiences amon... Read More »
September 2024The North America smart trash bin market size was valued at USD 10.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2030. Advancements in sensor technology, increased adoption of IoT-based electronics, focus of regional governments o... Read More »
September 2024The global reference thermometer market was valued at USD 11.4 million in 2023 and projected to grow at compound annual growth rate (CAGR) 5.4% from 2024 to 2030. Technological advancements in mechanical engineering led to improvements in temperature measurement accuracy, supporting the ... Read More »
September 2024The global household vacuum cleaners market size was valued at USD 6.57 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 20330. The growth is owing to the increasing emphasis on hygiene and cleanliness. The heightened awareness of the... Read More »
September 2024The global LED modular display market was valued at USD 7.53 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2030. The market growth is driven by the rising use of LED modular displays in various applications such as airports/railway... Read More »
September 2024The global micro-electro-mechanical systems (MEMS) microphones market was valued at USD 2.26 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2030. The growing adoption of voice-activated virtual assistants, such as Amazon Alexa, Goog... Read More »
September 2024The global automotive motor market size was valued at USD 38.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030. Increasing sales of vehicles, particularly of the electric variants, are expected to strengthen the demand for automo... Read More »
September 2024The global broadcast switchers market size was valued at USD 2.39 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2030. The primary market drivers include the shift from analog to digital broadcasting. Digital broadcasting offers nume... Read More »
September 2024The Europe consumer network attached storage market size was valued at USD 1.59 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.5% from 2024 to 2030. The major factors driving the adoption of network-attached storage (NAS) devices are the rapid digi... Read More »
September 2024The global ultracapacitors market size was valued at USD 3.18 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 21.5% from 2024 to 2030. Ultracapacitors are also known as supercapacitors due to their high energy storage density compared to normal capacit... Read More »
September 2024The global solid state drive market size was valued at USD 19.1 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2030. Solid State Drives (SSDs), which have very high read/write speeds, are increasingly considered a suitable alternati... Read More »
September 2024