The Europe Nuclear Magnetic Resonance (NMR) magnets market is on a growth trajectory, valued at US$ 243.2 Mn in 2024, and projected to grow at a CAGR of 5.02% from 2025 to 2035, reaching US$ 419.8 Mn by 2035. NMR magnets are critical in generating strong, stable magnetic fields for high-resolution spectroscopy and imaging. Their applications span diverse fields such as pharmaceuticals, chemical...
The global fuel cell UAV (unmanned aerial vehicle) market, valued at USD 1.6 Bn in 2022, is poised for remarkable growth, projected to reach USD 4.8 Bn by the end of 2031. The market is estimated to grow at a robust CAGR of 13.3% from 2023 to 2031, driven by increasing adoption of long-endurance UAVs across diverse sectors and a shift toward cleaner, sustainable energy technologies.
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The global high resistivity silicon wafers market was valued at USD 182.3 million in 2022, and is forecast to grow at a CAGR of 8.1% during 2023–2031 to reach USD 363.2 million by 2031. This robust growth is underpinned by surging demand for power electronics, optoelectronics devices, and rapid expansion in consumer electronics, automotive,...
The global Machine Safety Interlock Switches market was valued at USD 1.7 billion in 2022 and is projected to expand at a CAGR of 7.7% between 2023 and 2031, reaching USD 3.2 billion by the end of 2031. Safety interlock switches are critical components in industrial safety circuits, designed to monitor and lock machine guards, doors, gates, or windows to...
The global commercial security system market is experiencing an era of unprecedented growth driven by the rising need for advanced protection solutions in commercial spaces. Valued at US$ 134.4 Bn in 2022, the market is projected to expand at a robust CAGR of 16.8%, reaching US$ 538.4 Bn by 2031. This surge is primarily fueled by the increased demand for surveillance, theft...
The global interactive display market, valued at USD 9.1 billion in 2022, is poised for robust growth through 2031. Forecasts indicate a compound annual growth rate (CAGR) of 8.3% from 2023 to 2031, propelling the market to an estimated USD 18.7 billion by the end of the forecast period. Rising demand for interactive learning tools, increasing popularity of interactive signage and...
The global Photonic Integrated Circuits (PIC) market is set to experience unprecedented expansion over the next decade. Valued at USD 10.2 billion in 2022, the industry is projected to grow at a 29.2% compound annual growth rate (CAGR) from 2023 through 2031, reaching USD 98.7 billion by the end of 2031. Analysts observe that rising demand for...
The Global SQUID (Superconducting Quantum Interference Device) Sensors Market was valued at USD 155.45 million in 2023, and it is projected to advance at a compound annual growth rate (CAGR) of 4.37%, reaching USD 247.21 million by 2034. This impressive growth reflects the increasing demand for high-precision sensing technologies across industries such as geophysics, environmental monitoring,...
The global machine safety market, valued at USD 5,732.91 Mn in 2024, is poised for robust expansion, projected to grow at a CAGR of 6.07% between 2025 and 2035, ultimately reaching USD 11,146.90 Mn by 2035. According to analysts, as industries transition towards automation and connected manufacturing systems, machine safety has evolved into a strategic business necessity integral to enhancing...
The global next-generation solar cell market was valued at USD 2.4 billion in 2022 and is projected to expand at a robust CAGR of 21.7% from 2023 to 2031, reaching USD 14.2 billion by the end of the forecast period. Next-generation solar cells encompassing second- and third-generation technologies such as amorphous silicon, CIGS, perovskite PV, organic photovoltaics, tandem cells, and...
A new market study titled Global Space Grade Connectors Market Outlook 2031 reveals that the space-grade connectors industry was valued at USD 828.8 million in 2022 and is expected to expand at a CAGR of 4.9% between 2023 and 2031, reaching USD 1.2 billion by the end of the forecast period.
Market Overview: Space-grade connectors are highly specialized...
The global force gauge market, valued at USD 5.5 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 through 2031, reaching USD 7.9 billion by the end of the forecast period. Key growth catalysts include heightened emphasis on quality control and product safety, rapid technological advancements in force measurement devices,...
The Global DC-DC Converter Market Outlook 2031 report reveals that the market, valued at USD 7.4 billion in 2022, is projected to expand at a CAGR of 6.8% from 2023 through 2031, reaching USD 13.3 billion by the end of 2031.
Market Overview: DC-DC converters are essential for managing power distribution across myriad electronic systems, converting input DC...
The global Surface Mount Technology (SMT) equipment market is entering a high-growth phase, with projections estimating a rise from US$ 5.7 billion in 2022 to US$ 9.1 billion by 2031. This expansion, driven by a robust CAGR of 5.9%, is a direct response to the growing complexity and scale of modern electronics manufacturing.
Why SMT Equipment Is More Crucial Than Ever
SMT...
The global advanced semiconductor packaging market is evolving rapidly, with significant growth anticipated in the coming years. Valued at USD 30.1 billion in 2022, the industry is projected to grow at a compound annual growth rate (CAGR) of 5.2%, reaching an estimated value of USD 40.3 billion by 2031. The rise in adoption of electronic devices and the increasing focus on wafer-level packages...
The global wireless charger market was valued at US$ 16.4 billion in 2021 and is projected to expand at a CAGR of 31.9% from 2022 to 2031, reaching a valuation of US$ 243.3 billion by 2031. The rapid adoption of wireless charging technology across multiple industries, including consumer electronics, healthcare, automotive, and industrial automation, is a key driver behind this growth.
Wireless...
The global mobile cobots market is poised for significant expansion, with its valuation expected to surge from USD 2.16 billion in 2021 to USD 8.92 billion by 2031, progressing at a CAGR of 15.4% during the forecast period from 2022 to 2031. The rising adoption of collaborative mobile robots (cobots) across industries such as manufacturing, logistics, healthcare, and retail is fueling market...
The global collaborative robot (cobot) market is experiencing rapid expansion, driven by increasing automation needs, high labor costs, and heightened concerns for workplace safety and productivity. In 2023, the industry was valued at US$ 1.2 billion and is projected to reach US$ 15.3 billion by 2034, growing at an impressive CAGR of 26.1% from 2024 to 2034.
Cobots are designed to work...
The global semiconductor intellectual property (IP) market was valued at US$ 7.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.9%, reaching US$ 13.5 billion by 2034. The market is being propelled by the rising demand for AI-based applications, government initiatives to modernize defense technologies, and advancements in semiconductor IP commercialization...
A new market report reveals that the global flexible substrate market, valued at over US$2.6 Bn in 2021, is poised for extraordinary growth—projected to exceed US$28.7 Bn by the end of 2031, expanding at a robust CAGR of 18.9% from 2022 to 2031.
Market Overview and Key Insights:
Flexible substrates play a critical role in modern electronics, providing both structural support and...
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