The global industrial refrigeration systems market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031). An Increase in demand of mechanical compression refrigeration, absorption refrigeration, and evaporation refrigeration in end-user verticals is a key factor driving the global industrial refrigeration systems market. The rising usage of processed and packaged foods & drinks […]
Category Archives: ELectronics & Semiconductor
The global 8K display resolution market is anticipated to grow at a significant CAGR of 35.0% during the forecast period. 8K resolution, is also described as 8K UHD. It refers to a display quality with about 8,000 pixels on the horizontal axis, providing a total of around 33 million pixels. It is a high-resolution display which when […]
Molded Interconnect Device Market is anticipated to grow at a significant CAGR of 13% during the forecast period. The increasing demand for compact features in electronics devices and adoption of MID to reduce the circuit density are the factors that has positively influenced the market growth. The growing use of molded interconnect devices in medical […]
Laser Sensor Market is anticipated to grow at a significant CAGR of 9.3% during the forecast period (2024-2031). The market growth is driven by real-time data and feedback for monitoring industrial processes, predicting and preventative maintenance, and controlling industrial applications on their way to the smart factory and digital manufacturing. For instance, Omron_R launched its E3AS-HL […]
Encoder market is anticipated to grow at a CAGR of 9.2% during the forecast period (2024-2031). Encoder demand is being driven by the increasing adoption of automation across a variety of industries, including manufacturing, automotive, and healthcare. Encoders play a critical role in giving accurate position feedback and precise motion control, both of which are […]
Multichannel data logger market is anticipated to grow at a CAGR of 5.3% during the forecast period (2024-2031). The demand for multichannel data loggers is growing due to factors such as increasing demand for data collection and analysis, growing adoption of the Internet of Things (IoT), and growing application industries such as aviation. Further, increasing […]
The global smart electric meter market is anticipated to grow at a considerable CAGR of 7.6% during the forecasted period (2024-2031). The growth of the market is attributed to favorable government initiatives and funding such as smart city projects by the European and Asia-Pacific governments. The cohesive government policies and initiatives are driving the growth of the […]
Handheld electric massager market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period. The global handheld electric massager is more in demand due to increasing muscle and joint problems. People are facing everyday pain in the body due to hectic lifestyles and stress levels for which people are adopting handheld […]
The global earbuds market is anticipated to grow at an exponential CAGR of 21.3% during the forecast period. One of the key driving factors fuelling the market growth includes the growing competitiveness among the market players. The demand for earbuds has been growing continuously over the past few years which has grown the number of market players […]
Wireless Smart Plug Market is expected to grow at a significant CAGR during the forecast period. Remotely controlled devices, such as smart plugs, have become possible due to a shift in consumer preferences toward a more comfortable lifestyle, advancements in the IoT framework, and increasing awareness of energy conservation. Smart plugs are low-cost solutions that […]