The global router and switch market is anticipated to grow at a CAGR of more than 4% during the forecast period. Routers and switches are the basic elements of any network communication technology. Rising awareness regarding IP TV, multiservice networking and ethernet technologies, is expected to offer impetus to the demand for routers and switches […]
Category Archives: Business
The global printed and chipless RFID market is estimated to grow at a significant CAGR of 27.5% during the forecast period. The major factor that is contributing to the growth of the market including the growing demand for various industry such as retail, transportation and others. RFID enables wireless data collection by readers from electronic […]
The global circuit breaker and fuses market is estimated to grow at a CAGR of nearly 6.0% during the forecast period. The major factors contributing to the growth of the market include the rising demand for renewable energy sources and the growing construction industry. As per the International Renewable Energy Agency (IRENA), the global solar […]
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 […]
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 […]
The global market for microdisplay is projected to have considerable CAGR of around 30.5% during the forecast period. The major factors that propels the microdisplay market include the properties such as compact size, technological development in microdisplay growing demand of OLED microdisplay, growing application of microdisplay in advanced driver-assistance systems (ADAS) and others. Microdisplays are […]
The global electric enclosure market is estimated to grow at a CAGR of 4.8% during the forecast period. Some pivotal factors encouraging market growth include the rising industrialization across the globe and increasing adoption in the renewable energy sector. With the decline in costs associated with renewable energy, the alternative energy industry is witnessing rapid […]
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 […]