Smart Sensors Market Will Reach USD 160.3 Billion By 2030
March 12, 2024Connectivity, Data Analysis, Data Collection, Emerging Technologies, Industrial Automation, IOT, market trends, Smart sensors
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The smart sensors market reached a value of USD 52.4 billion in 2023 and is projected to experience a compound annual growth rate of 17.5% between 2024 and 2030. This growth trajectory is anticipated to propel the market to a value of USD 160.3 billion by the end of 2030.This growth of the market can be credited to the fast technical improvements and...
Timing Devices Market Will Reach USD 8,893.2 Million By 2030
March 12, 2024Innovation, Key Players, market trends, Precision, Semiconductor manufacturing, Technological Advancements, Telecommunications, Timing Devices
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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...
The Soaring Trajectory of Global Push-to-Talk (PTT) Market, Anticipated to Reach USD 73.0 Billion by 2030
In 2023, the global push-to-talk (PTT) market achieved revenue of USD 36.4 billion. It is anticipated to grow at a CAGR of 10.5% between 2024 and 2030, reaching USD 73.0 billion by 2030. This can be credited to the rising application of this tech in an extensive variety of consumer devices, like tablets and smartphones, which has significantly contributed...
Vapor Deposition Market Will Touch USD 85.1 Billion in 2030
March 12, 2024Challenges, Emerging trends, growth drivers, market dynamics, Market landscape, Optical coatings, Semiconductor manufacturing, Technological Innovations, Thin films, Vapor deposition
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The vapor deposition market was USD 44.4 billion in 2023, which will increase to USD 85.1 billion, advancing at a 9.9% CAGR, by 2030.This can be mainly because of the developments of the electronics & solar power sectors and the mounting need for semiconductors in vehicles. Furthermore, the rising requirement for medical devices, the growing LED...
Adaptive Cruise Control Will Reach USD 53.1 Billion By 2030
March 12, 2024Adaptive cruise control, Automotive technology, future prospects, Industry Analysis, innovations, Intelligent driving solutions, Key Players, market dynamics, market trends, Regulatory landscape
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In 2023, the market for adaptive cruise control is estimated at USD 16.4 billion and will increase to USD 53.1 billion by 2030 with a growth rate of 18.5% over the period 2024 to 2030. This growth of the market can be credited to the rising requirement for autonomous cars due to safety concerns, continuous enhancements in sensor tech, and government...
Critical Power and Cooling Solutions Market will Reach USD 56.0 Billion By 2030
March 11, 2024Critical Power and Cooling Solutions Market, Critical Power and Cooling Solutions Market Share, Critical Power and Cooling Solutions Market Size, Outlook, Research Report, Trends
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The market size for critical power and cooling solutions was valued at USD 25.5 billion in 2023, with projections to reach USD 56.0 billion by 2030, exhibiting a growth rate of 12.1% during the period from 2024 to 2030. This is mainly due to the growth of edge computing, the rising requirement for data centers, smart manufacturing and industrial automation,...