The UV LED market size was estimated at USD 1.36 billion in 2023 and is anticipated to grow at a CAGR of 24.6% from 2024 to 2030. The growth of the market is driven by the rising demand for energy-efficient and environmentally friendly lighting solutions, along with the increasing adopti... Read More »
August 2024The global vehicles intelligence battery sensor market size was estimated at USD 2.96 billion in 2023 and is expected to grow a CAGR of 12.8% from 2024 to 2030. This growth can be attributed to the rapid electrification of the automotive industry. There is a surge in demand for advanced ... Read More »
August 2024The global contraband detector market size was estimated at USD 4.48 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030. The market is experiencing significant growth due to increasing global security concerns. With rising incidences of terrorism, smuggling, and... Read More »
August 2024The global automotive lighting market size was valued at USD 32.60 billion in 2023 and is projected to grow at a CAGR of 5.95% from 2024 to 2030. The automotive lighting market is experiencing significant growth driven by factors such as the increasing emphasis on road safety, government... Read More »
August 2024The global pico projector market size was valued at USD 5.25 billion in 2023 and is projected to grow at a CAGR of 21.2% from 2024 to 2030. A pico projector is a portable multimedia device offering projection capabilities in a miniaturized form factor. These portable and affordable compact projectors are suitable fo... Read More »
August 2024The global gear motor market size was estimated at USD 24.38 billion in 2023 and is expected to grow at a CAGR of 7.0% from 2024 to 2030. The growing trend of industrial automation primarily influences the market. As industries seek to enhance efficiency and productivity, the integration... Read More »
August 2024The global insulation monitoring systems market was estimated at USD 741.7 million in 2023 and is expected to expand at a CAGR of 5.2% from 2024 to 2030. Insulation monitoring systems or insulation monitoring devices (IMDs) are electronic instruments designed to detect and diagnose degra... Read More »
August 2024The global load break switch market size was estimated at USD 2.98 billion in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030. Rapid urbanization and ongoing infrastructure development across the globe significantly drive the demand for load break switches. As cities ex... Read More »
August 2024The global consumer electronics sensors market size was valued at USD 6.80 billion in 2023 and is projected to grow at a CAGR of 10.1% from 2024 to 2030. This growth is primarily driven by increased investments in research and development, resulting in the continuous introduction of inno... Read More »
August 2024The global emergency lighting market size was estimated at USD 6.89 billion in 2023 and is anticipated to grow at a CAGR of 13.0% from 2024 to 2030. The adoption of better safety standards and the incorporation of smart technologies are significant market growth drivers.... Read More »
August 2024The global DC-DC converter market was estimated at USD 10.79 billion in 2023 and is expected to grow at a CAGR of 11.4% from 2024 to 2030. The primary market driver is the rising demand for energy-efficient power conversion solutions across various industries. The rapid expansion of rene... Read More »
August 2024The global timing devices market size was estimated at USD 5.85 billion in 2023 and is projected to grow at a CAGR of 7.3% from 2024 to 2030. The demand for precise timing devices is driven by the proliferation of consumer electronics, advancements in automotive technologies, and the exp... Read More »
July 2024The global frequency converter market size was estimated at USD 24.18 billion in 2023 and is expected to grow at a CAGR of 9.4% from 2024 to 2030. The market is experiencing increased demand due to several key factors. One significant driver is the emphasis on energy efficiency. Frequenc... Read More »
July 2024The global leak detection and repair market size was estimated at USD 20.47 billion in 2023 and is expected to grow at a CAGR of 4.6% from 2024 to 2030. The growing demand for leak detection and repair (LDAR) systems among utility companies worldwide, owing to their benefits, such as cos... Read More »
July 2024The global DC circuit breaker market size was estimated at USD 4.13 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. The market is experiencing significant growth driven by several key trends and drivers. One prominent trend is the increasing adoption of renew... Read More »
July 2024The global tension control market size was estimated at USD 1.01 billion in 2023 and is expected to expand at a CAGR of 6.3% from 2024 to 2030. This growth can be attributed to the increasing demand for precision and efficiency across various industrial sectors.... Read More »
July 2024The global paralleling switchgear market size was valued at USD 1.71 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. The increasing demand for reliable and uninterrupted power supply across various industries is a major factor contributing to the growth of th... Read More »
July 2024The global low voltage motor control centers market size was estimated at USD 4.28 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030. Low-voltage motor control centers (MCCs) are factory-assembled enclosures that house and manage the starting, stopping, and pro... Read More »
July 2024The global coordinate measuring machine market size was estimated at USD 3.20 billion in 2023 and is expected to grow at a CAGR of 8.7% from 2024 to 2030. A coordinate measuring machine (CMM) serves as a vital tool within manufacturing and assembly processes.... Read More »
July 2024The global molded interconnect device market size was estimated at USD 1.91 billion in 2023 and is projected to grow at a CAGR of 13.5% from 2024 to 2030. Factors such as the trend towards miniaturization of electronic devices and the increasing demand for high-performance and lightweigh... Read More »
July 2024