The global electric switches market size reached US$ 11.3 billion in 2022. Sales are estimated to total US$ 12.4 billion in 2023. In the forecast period between 2023 and 2033, demand is poised to exhibit an 8.1% CAGR. Revenue is anticipated to cross around US$ 26.8 billion by 2033. Rising demand for home automation technology will fuel demand for electric switches during the forecast period. …
Category Archives: Technology Trends
Total Carbon Analyzers Market Witnesses Remarkable Surge, Projected to Hit US$ 2.5 Billion by 2033
The global total carbon analyzers market is anticipated to surge to US$ 2.5 billion by 2033. It is estimated to record a steady CAGR of 5.9% in the review period 2023 to 2033. It is likely to total US$ 1.4 billion in 2023. The global total carbon analyzers market registered an astonishing CAGR of 7.3% in the historical period between 2018 and 2022. The total carbon analyzers …
Infrared Sensors Market: Projected Growth at a 6.1% CAGR, Anticipating a Reach of US$ 1.1 Billion by 2033
The global infrared sensors market size reached US$ 582.8 million in 2022. Revenue generated by infrared sensors sales is likely to reach US$ 623.6 million in 2023. Through 2033, demand is poised to soar at 6.1% CAGR. Sales are anticipated to transcend to US$ 1.1 billion by 2033. Infrared Sensors Market Application: Environmental monitoring applications like forest …
Hi-Fi Systems Market continues its upward trajectory, with projections indicating it will reach US$ 28.6 Billion by 2033
The global Hi-Fi systems market size is estimated to reach US$ 16.9 billion in 2023 and US$ 28.6 billion by 2033. Overall sales of Hi-Fi systems are predicted to soar at 5.4% CAGR during the forecast period. Demand is expected to remain high for Hi-Fi products throughout the forecast period. This is attributable to the flexibility and cost-effectiveness of these products. As per …
Flash-Based Arrays Market: Projected to Achieve a Remarkable 17.8% CAGR, Aims for US$ 391.0 Billion Valuation by 2033
The global market for flash-based arrays is set to achieve strong financial growth, reaching a value of approximately US$ 391.0 billion by 2033. This growth is expected to happen at an impressive annual rate of around 17.8%. Video streaming and content delivery are anticipated to surge the market for flash-based arrays in Asia Pacific. Large volumes of data, including image …
Gravure Printing Market Surges with Anticipated 6.5% CAGR, Predicted to Reach US$ 7.4 Billion by 2033
The gravure printing industry is set to reach US$ 4 billion in 2023. Over the forecast period 2023 to 2033, gravure printing sales are expected to soar at a CAGR of 6.5%. The market at the end of 2033 is forecast to reach US$ 7.4 billion. Sales of gravure printing grew at 7.2% CAGR from 2018 to 2022. Between 2023 and 2033, gravure printing demand …
UV LED Printers Market: Forecasted Surge to Reach US$ 925 Million by 2033, Propelled by an 8.6% CAGR from 2023
A recent study conducted by Future Market Insights expects the global UV LED printers market to be valued at US$ 925 million by 2033. From 2023 to 2033, market forecasts indicate the market is expected to expand at a CAGR of 8.6%. With LED UV technology’s drying process, most high-quality printing jobs can now be turned around …
Vehicle Surveillance Market Predicts 8.2% CAGR, Targets US$ 49 Billion by 2033
The vehicle surveillance market is expected to reach US$ 49 billion by 2033. Based on market forecasts, the market is expected to grow by 8.2% during the next decade. The market is expected to reach US$ 22.4 billion in 2023. As long as selected configurations are selected, surveillance and monitoring vehicles (SMVs) can detect suspicious objects over …
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Submarine Cables Market Eyes 4.8% CAGR, US$ 4.38 Billion by 2030
The global submarine cables market is estimated to expand from US$ 3 Billion in 2022 to US$ 4.38 Billion by 2030. From 2022 to 2030, the demand for undersea cables is expected to grow at a CAGR of 4.8%. In 2021, the market for cables worldwide saw a 1% share of usage of submarine cables. The need for undersea power …
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Variable Data Printing Market Seeks US$ 31.2 Billion by 2030 with 12.9% CAGR
The variable data printing market was US$ 10.5 billion. The market for variable data printing is anticipated to reach US$ 31.2 billion by 2030, expanding at a 12.9% CAGR from 2022 to 2030. The market for variable data printing (VDP) is being driven by the growth of the retail sector and rising costs for labelling and tagging all products. According to …
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