In 2023, the worldwide timing devices market yielded revenue of USD 5,518.8 million, and it is forecasted to experience a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. By 2030, it is anticipated to reach a total revenue of USD 8,893.2 million.This can be credited to the growing attention of people in electric products, like wearable...
Showing posts with label Technological Advancements. Show all posts
Showing posts with label Technological Advancements. Show all posts
APAC Is Dominating Cryogenic Pump Market
In 2021, the cryogenic pump market size stood at USD 1,407.6 million, which is projected to witness a 3.1% CAGR during 2021–2030, reaching USD 1,860.1 million by 2030. P&S Intelligence majorly credits this growth to the increasing installation of such pumps in the metallurgy,...
Hybrid Power Solutions Market Will Reach USD 5,020.3 Million By 2030
In 2023, the global market value for hybrid power solutions was approximately USD 2,506.2 million. Forecasts suggest that by 2030, this figure could double, reaching around USD 5,020.3 million, with a projected compound annual growth rate (CAGR) of 10.6% during the period...
The APAC Region Had a Considerable Share in the Automotive Camera Market
The total size of the automotive camera market was USD 8,091.4 million in 2023, and it will power at a compound annual growth rate of 11.8% by the end of this decade, to touch a total value of USD 17,326.1 million by 2030.ADAS needs different cameras to perform numerous functions,...
Rising Number of Smart Cities Boosts APAC Solar Street Lighting Market
The APAC solar street lighting market was USD 2,315.9 million in 2023, which will rise to USD 6,691.2 million, advancing at a 16.4% CAGR, by 2030.The growth is mainly because of the reducing costs of such solutions, the growing count of smart cities, and the increasing...
