The global GPS tracking device market, valued at USD 2.8 Bn in 2022, is poised to reach USD 7.4 Bn by 2031, expanding at a robust CAGR of 11.9% from 2023 to 2031. Fueled by growing demand for commercial fleet tracking and personal safety, this market is seeing accelerated adoption across key sectors including transportation, logistics, defense, construction, and emergency services.
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The global EMI filters market was valued at USD 274.5 Mn in 2022 and is projected to expand at a CAGR of 4.1% from 2023 to 2031, reaching USD 392.1 Mn by 2031. As industries worldwide move toward high-frequency operations and increasingly dense electronics ecosystems, electromagnetic interference (EMI) filters have become essential in ensuring signal integrity and operational stability across...
The global System Integrator Market is poised for significant growth, projected to rise from US$ 28.3 Bn in 2023 to US$ 52.3 Bn by 2034, growing at a CAGR of 5.8% from 2024 to 2034. This growth is driven by the widespread adoption of industrial robots, technological advancements, and a pressing need among businesses to optimize operational efficiencies through connected systems.
System...
The global Torque Limiter Market was valued at US$ 324.9 Mn in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2034, reaching US$ 597.4 Mn by the end of the forecast period. Increasing demand for machine safety, process efficiency, and the integration of advanced technologies is fueling this robust expansion.
Market Overview: Torque limiters, essential components in...
The global nano-magnetic devices market, valued at USD 5.6 Bn in 2023, is poised for steady growth and innovation. According to industry analysts, the market is projected to expand at a CAGR of 5.8% between 2024 and 2034, reaching USD 10.4 Bn by the end of 2034. With advancements in nanotechnology, expansion in data-centric industries, and growing reliance on miniaturized electronics,...
The global digital risk management market, valued at USD 8.1 Bn in 2022, is expected to grow at a compound annual growth rate (CAGR) of 15.3% between 2023 and 2031. By the end of 2031, the market is projected to reach a staggering USD 29.2 Bn, according to the latest industry analysis. Digital risk management (DRM) is increasingly seen as a vital pillar of enterprise security and governance as...
The global maritime digitization market is on a trajectory of rapid transformation, poised to reach US$ 367.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.3% from its valuation of US$ 167.7 billion in 2022. The industry’s expansion is propelled by the integration of cutting-edge technologies including AI, IoT, blockchain, and advanced analytics, aimed at improving...
The global Media (Video) Processing Solutions Market is experiencing rapid transformation and expansion, propelled by surging demand for high-definition and immersive video content across entertainment, education, gaming, advertising, and enterprise communication. Valued at USD 18.8 billion in 2022, the industry is projected to reach USD 64.5 billion by 2031, expanding at a compelling CAGR of...
The global Web 3.0 blockchain market is on a fast-track trajectory, poised to grow from USD 2.01 Bn in 2022 to a remarkable USD 54.04 Bn by 2031, expanding at a CAGR of 44.5% during the forecast period from 2023 to 2031. This growth is fueled by rising demand for data ownership, increased adoption of blockchain in supply chain and retail, and unprecedented investment in decentralized...
The global marine fleet management software market is poised for robust growth, expected to rise from USD 1.0 Bn in 2022 to USD 2.5 Bn by the end of 2031, expanding at a healthy CAGR of 10.8%. This dynamic growth is fueled by the increasing digitalization of the maritime industry, the growing demand for real-time fleet insights, and a sharp focus on operational efficiency, safety, and...
The global LED video walls market is on a high-growth trajectory, poised to expand at a robust CAGR of 11.3% from 2022 to 2031. Valued at over US$ 18.2 Bn in 2021, the market is projected to surpass US$ 53.4 Bn by the end of 2031, driven by the increasing emphasis on digital connectivity, brand communication, and immersive display technologies across diverse industries.
Market...
According to a comprehensive industry analysis, the global Low-Voltage Differential Signaling (LVDS) Interface IC Market was valued at USD 545.8 Mn in 2022 and is projected to reach USD 885.0 Mn by 2031, growing at a CAGR of 5.5% during the forecast period (2023–2031). This growth is attributed to the surge in demand for high-speed, low-power data communication in sectors such as...
The global Photonic Integrated Circuits (PIC) market was valued at US$ 10.2 Bn in 2022 and is projected to reach US$ 98.7 Bn by 2031, expanding at an impressive CAGR of 29.2% from 2023 to 2031. This growth is driven by rapid technological advancements, increasing demand for high-speed communication networks, and the adoption of photonics in space and computing technologies.
Market...
According to recent market analysis, the global filtered connectors market is projected to grow from US$ 2.2 Bn in 2022 to US$ 3.5 Bn by 2031, registering a steady CAGR of 5.5% from 2023 to 2031. This growth is fueled by the rising need for electromagnetic interference (EMI) and radio frequency interference (RFI) suppression, growing complexity in electronic systems, and the increasing...
The global IoT Device Management Market stood at US$ 1.58 billion in 2020 and is projected to reach a market valuation of US$ 10.42 billion by the end of 2031, expanding at a robust CAGR of 18.7% during the forecast period. The proliferation of IoT-connected devices across industries such as healthcare, manufacturing, transportation, and smart homes is driving the need for centralized device...
The global Power Management Integrated Circuit (PMIC) market, valued at US$ 32.9 Bn in 2022, is projected to witness significant expansion over the next decade. According to industry analysts, the market is poised to grow at a CAGR of 6.3% from 2023 to 2031, reaching an estimated US$ 56.2 Bn by 2031. This growth is driven by robust demand from automotive, consumer electronics, and industrial...
The global ceramified cable market stood at US$ 250.0 Mn in 2022 and is projected to reach US$ 458.0 Mn by the end of 2031, growing at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2031. This robust growth is driven by rising concerns about fire safety, technological advancements in cable materials, and the increasing complexity of modern electrical systems.
Ceramified cables...
The global programmable logic controller (PLC) market, valued at US$ 11.6 Bn in 2022, is forecast to grow at a CAGR of 4.7% between 2023 and 2031, reaching a market value of US$ 17.2 Bn by the end of 2031, according to the latest industry insights. This growth is propelled by a surge in demand for industrial automation, smart manufacturing, and increased integration of the Industrial Internet...
The global Integrated Voltage Regulator (IVR) market was valued at US$ 5.6 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6.6% between 2024 and 2031, reaching US$ 9.3 billion by the end of the forecast period. Integrated voltage regulators are critical power-management components that ensure stable and efficient voltage supply in modern electronic systems,...
A new market intelligence report forecasts the global 3D printing medical devices market to expand from an estimated valuation of USD 1.7 billion in 2022 to USD 6.6 billion by 2031, registering a robust CAGR of 16.3% over the 2023–2031 period. Growth is underpinned by surging demand for patient-specific devices, advances in additive manufacturing technologies, and expanding healthcare...
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