Rapid Adoption of Electric Vehicles (EVs) to Fuel Immersion Cooling for EV Batteries Market Growth During Forecast Period Electric vehicle (EV) sales are proliferating due to concerns regarding environmental protection and government policies favoring the adoption of low-emission or zero-emission vehicles. Also, governments of different countries are offering subsidies and tax rebates to citizens to […]
Machine Vision Lighting Market was valued at US$ 1.59 Billion in 2022 and is expected to reach to US$ 2.88 Billion by 2030; it is estimated to record a CAGR of 7.7% from 2022 to 2030
Increasing Automation Across Industries to Fuel Machine Vision Lighting Market Growth During Forecast Period Automation is revolutionizing the way businesses and industries operate across the world. Automation has enabled companies to become more cost-effective and efficient by excluding labor-intensive tasks and increasing production accuracy and speed. Automation also has the potential to improve product quality […]
In-Circuit Tester Market was valued at US$ 1.04 Billion in 2022 and is expected to reach to US$ 1.40 Billion by 2030; it is estimated to record a CAGR of 3.8% from 2022 to 2030
Growing Use of Testers to Detect Manufacturing Defects Across Various End-Use Industries to Fuel In-Circuit Tester Market Growth During Forecast Period As electronic devices become more complex, with more components and connections, it is more difficult to test them using traditional methods. In-circuit testers provide a more comprehensive and accurate way to test these devices. […]
Power Bank Market was valued at US$ 10,941.67 Million in 2022 and is expected to reach to US$ 27,528.90 Million by 2030; it is estimated to record a CAGR of 12.6% from 2022 to 2030
Wireless Charging Power Banks to Fuel Power Bank Market Growth During Forecast Period Wireless charging power banks offer the convenience of wirelessly charging compatible devices, eliminating the need for cables and adaptors. They provide a convenient solution for wireless charging-enabled devices on the go. The adoption of wireless charging technology has expanded across various device […]
AR Waveguide Market was valued at US$ 562.53 Million in 2023 and is expected to reach to US$ 1,006.36 Million by 2031; it is estimated to record a CAGR of 7.5% from 2023 to 2031
Increasing Demand for AR-based Devices Fuels AR Waveguide Market The demand for AR-based devices is rapidly increasing across various industries, including healthcare, automobile, and entertainment, among others. According to Three Kit Inc., a visual commerce firm, it is estimated that the AR market will reach US$ 50 billion by the end of 2024. Advancements in […]
Isostatic Pressing Market was valued at US$ 6.89 Billion in 2022 and is expected to reach to US$ 12.27 Billion by 2030; it is estimated to record a CAGR of 7.5% from 2022 to 2030
Increasing Technological Advancements to Fuel Isostatic Pressing Market Growth During Forecast Period Technological advancements contribute to the development of new and advanced materials. Isostatic pressing can capitalize on these innovations to shape and consolidate materials with enhanced properties. Emerging materials, such as metal matrix composites or advanced ceramics, can be efficiently processed using isostatic pressing […]
Electronic Shelf Label Market was valued at US$ 2.20 Billion in 2022 and is expected to reach to US$ 8.37 Billion by 2030; it is estimated to record a CAGR of 18.2% from 2022 to 2030
Emergence of Battery-Free Solutions to Fuel Electronic Shelf Label Market Growth During Forecast Period Wireless data transmission helps ESLs to improve efficiency and speed while also reducing errors caused by changing prices. The application of ESLs can also be extended to factory/warehouse logistics and smart inventory management. Therefore, for ESL applications in several locations, besides […]
High-Speed Connector Market was valued at US$ 4.25 Billion in 2023 and is expected to reach to US$ 7.95 Billion by 2031; it is estimated to record a CAGR of 8.2% from 2023 to 2031
Rising Investments in R&D Fuel High-Speed Connector Market Growth In response to the surging demand for high-speed connectors, companies are increasingly investing in the development of new and innovative product offerings. A few of the major product developments in the high-speed connector market are mentioned below. • In May 2022, Carlisle Interconnect Technologies (CarlisleIT), a division […]
5G Base Station Market was valued at US$ 20.53 Billion in 2022 and is expected to reach to US$ 65.70 Billion by 2030; it is estimated to record a CAGR of 15.6% from 2022 to 2030
Increased Demand for Low Latency and High-Speed Data Drives 5G Base Station Market Growth Low latency 5G networks create new possibilities for services that demand nearly instant response time. These services include telemedicine, augmented reality headsets, and communications between autonomous vehicles that support linking into efficient platoons. Less latency means reducing the time between sending […]
Explosion-Proof Equipment Market was valued at US$ 7.96 Billion in 2022 and is expected to reach to US$ 12.95 Billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030
With the growing number of incidents/accidents in industries such as oil & gas and mining, the focus on industrial safety measures has also increased worldwide. For instance, in Sweden, industrial safety has developed within a framework of legislation for worker protection and compensation, but also to a large extent through self-regulation between the parties in […]