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 […]
Category Archives: ELectronics & Semiconductor
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% […]
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 […]
European electric enclosure market is estimated to grow at a CAGR of 4.5% during the forecast period. The advent of Industry 4.0 is offering an opportunity for the adoption of electric enclosures in the region. In February 2017, the Italian government introduced the National Industry 4.0 plan to stimulate investment in R&D programs and advanced technology. […]
Asia-Pacific electric enclosure market is estimated to grow at a CAGR of 5.3% during the forecast period. Rising industrialization is one of the vital factors accelerating market growth. As per the Center for International Knowledge on Development, China, in 2018, China’s industrial added value reached nearly $4,395.5 billion, 56.7 times compared to 1978, with an average […]
The global gaming motherboard market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. The primary factor supporting the growth of the market includes the rising growth and expansion of the gaming industry across the globe. The expansion is being driven by social and casual gaming after millions of people picked up their […]
FM broadcast transmitter market is anticipated to grow at a significant CAGR during the forecast period. The international broadcasting transmitter market is fuelled by the developing broadcasting industry. Furthermore, the full-size use of broadcasting transmitters in communication devices, cell electronics, walkie-talkies, and navigational beacons, among others are expected to boost the market growth during the […]
The global digital drawing tablet market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. These tablets have multiple features that are rising the demand for these digital drawing tablets in the market. The most important five feature among all these features which gives an edge to these tablets over the traditional […]
The global IP camera market is anticipated to grow at a considerable CAGR of 12.8% during the forecast period. The functions of an IP camera are to capture images and record videos that are further compressed, stored, and transferred over a communication network. The rising adoption of IP cameras among various organizations and verticals including financial institutions, […]
The global Bluetooth speaker market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period (2023–2030). The Bluetooth speakers market is growing rapidly due to several factors, including the increasing demand for portable audio devices, the convenience of Bluetooth technology, and the growing popularity of wireless audio solutions. Consumers are increasingly looking for […]