North American electric enclosure market is estimated to grow at a CAGR of 4.4% during the forecast period. The major factors contributing to the market growth include the rising manufacturing sector and rising energy and power industry. As per the Government of Canada, the energy sector of Canada represents more than 10% of nominal GDP […]
Category Archives: Business
UK electric enclosure market is estimated to grow at a CAGR of 4.7% during the forecast period. The growing food and beverage industry is regarded as one of the key contributors to the adoption of electric enclosures. In the UK, the food and drink manufacturing sector are the largest in the country. It represents 17% […]
The US electric enclosure market is estimated to grow at a CAGR of 4.6% during the forecast period. The rising energy and power industry are one of the crucial factors accelerating market growth. As per the US Energy Information Administration (EIA), in the US, electricity generation from renewable sources of energy grew from 18% in […]
The global industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. The major factors contributing to the market growth include rising industrialization and expansion of the telecom and IT sector. The growing manufacturing sector is supporting to drive the growth of the market. As per the United […]
Asia-Pacific industrial power supply market is estimated to grow at a CAGR of 6.8% during the forecast period. The growing consumer electronics sector and increasing spending in the aerospace and defense sector are some pivotal factors encouraging market growth. As per the India Brand Equity Foundation (IBEF), the Indian appliance and consumer electronics market reached […]
Europe industrial power supply market is estimated to grow at a CAGR of nearly 6.5% during the forecast period. Some pivotal factors accelerating the market growth include the rising food and beverage industry and the growing aerospace and defense sector in the region. As per the AeroSpace and Defence Industries Association of Europe (ASD-Europe), the […]
North American industrial power supply market is estimated to grow at a CAGR of 5.0% during the forecast period. The major factors encouraging the market growth include the growing aerospace and defense sector and the increasing telecom and IT sector in the region. The region is significantly focused on modernizing military infrastructure and thereby invests […]
Germany industrial power supply market is estimated to grow at a CAGR of 4.8% during the forecast period. The rising food and beverage industry is one of the key factors contributing to market growth. The food and beverage sector in Germany is the fourth largest industry sector in the country, creating a manufacturing value of […]
The US industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. The major factors encouraging the market growth include the growing manufacturing sector and increasing aerospace and defense sector in the country. As per the National Association of Manufacturers (NAM), in the US, manufacturers represent 11.4% of […]
The global embedded processor market is anticipated to exhibit significant CAGR of 7.4% during the forecast period (2023-2029). The growing technological advancement in processor technology to make them more compact and reliable along with the tremendous growth in the consumer electronics, healthcare, and IT & telecom industries is driving global embedded processor market. In August […]