The 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 2024The global power quality equipment market size was estimated at USD 31.82 billion in 2023 and is expected to grow at a CAGR of 6.3% from 2024 to 2030. The market growth is driven by the increasing demand for reliable and uninterrupted power supply across various industries. The rising in... Read More »
July 2024The global instrument transformer market size was estimated at USD 7.31 billion in 2023 and is expected to grow at a CAGR of 6.0% from 2024 to 2030. The rising demand for electricity, particularly in developing regions is a major factor contributing to the market growth.... Read More »
July 2024The global automotive printed circuit board market size was estimated at USD 9.79 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The automotive PCB market is experiencing significant growth driven by various trends, dynamics, and opportunities. One major tre... Read More »
July 2024The global current sensor market size was valued at USD 2.18 billion in 2023 and is expected to grow at a CAGR of 10.1% from 2024 to 2030. The rise of electric vehicles (EVs) is a significant driver of the market. As the automotive industry shifts toward electrification, the demand for p... Read More »
July 2024The global digital fault recorder market size was estimated at USD 1.47 billion in 2023 and is projected to grow at a CAGR of 6.6% from 2024 to 2030. Several factors are driving the growth of the market, including the growing demand for reliable power supply, growing grid modernization i... Read More »
July 2024The global linear motion bearing market size was estimated at USD 9.13 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The surge in industrial automation and the integration of robotics in manufacturing and other sectors have significantly propelled the deman... Read More »
July 2024The global micro server IC market was estimated at USD 1.49 billion in 2023 and is expected to grow at a CAGR of 12.8% from 2024 to 2030. The market is currently experiencing dynamic growth driven by several key trends and drivers including rising demand for energy efficiency, increasing... Read More »
July 2024The global infrared sensor market size was estimated at USD 711.4 million in 2023 and is expected to grow at a CAGR of 12.2% from 2024 to 2030.An infrared sensor is a device that detects infrared radiation emitted or reflected by objects. It is used in various applications such as temper... Read More »
July 2024The global electrical resistor market size was estimated at USD 5.83 billion in 2023 and is expected to grow at a CAGR of 5.9% from 2024 to 2030. The market is witnessing substantial growth driven by the escalating demand for electronic devices and the rapid advancements in technology. R... Read More »
July 2024The global human centric lighting market size was estimated at USD 3.45 billion in 2023 and is anticipated to grow at a CAGR of 29.4% from 2024 to 2030. Rising urbanization and infrastructure development are key factors driving the market growth. As cities expand and modernize, there's a... Read More »
July 2024The global battery sensor market size was estimated at USD 3.46 billion in 2023 and is expected to grow at a CAGR of 11.0% from 2024 to 2030. The market consists of battery sensors that are used for monitoring the electric vehicle battery in the automotive industry. These sensors monitor... Read More »
July 2024The global printers market size was valued at USD 52.13 billion in 2023 and is expected to grow a CAGR of 4.7% from 2024 to 2030. The increasing advertising requirements of enterprises have significantly contributed to the growth of the market. As businesses strive to implement compellin... Read More »
July 2024