The global LED Lights market is forecast to expand at 16.2% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 87,242.8 Million in 2023. LED lights market to reach US$ 392,675.9 Million by 2033. The LED lights can be effectively integrated in living environments, …
Category Archives: Technology Trends
Microcontroller Unit Market Size to Grow Above US$ 70.6 Billion by 2033 Driven by Increasing Consumer Electronics and Automotive Applications | Future Market Insights, Inc.
The global microcontroller unit market is forecast to reach 30.9 billion in 2023. Worldwide microcontroller unit sales will rise at 8.6% CAGR between 2023 and 2033. By the end of 2033, the global market for microcontroller units will reach US$ 70.6 billion. Demand remains especially high for 32-bit microcontroller units worldwide. The target segment is set to expand at 8.5% CAGR between 2023 and …
Power Management System Market is projected to reach US$ 6,880.9 Million by 2033, growing at a CAGR of 6.6% from 2023 to 2033 | Future Market Insights, Inc.
Global sales of power management systems are likely to total around US$ 3,618.7 million in 2023. Over the next ten years, the global power management system market will thrive at 6.6% CAGR. Total market valuation is set to reach US$ 6,880.9 million by the end of 2033. Growth of the power management systems industry is driven by increasing need for energy conservation and rapid industrialization. …
Global Virtual Event Platforms Market Valuation to Cross US$ 36.7 billion by 2033 | Future Market Insights, Inc. Report
In the year 2018, the global virtual event platforms market value was estimated to be US$ 3,751.5 million which registered a CAGR of 14.6% until 2022. As per the FMI market survey report, the demand for virtual event platforms globally reached US$ 6783.2 million in 2022. In the present year, 2023 the global virtual event platforms market …
LiDAR Drone Market to Register 19.8% CAGR Through 2032 Amid Widening Applications in Agriculture and Mining Says Future Market Insights, Inc.
As per Future Market Insights, the global LiDAR drone market size reached US$ 147.0 million in 2022. Overall LiDAR drone sales are set to accelerate at 19.8% CAGR between 2022 and 2032. By 2032, total LiDAR drone market valuation will reach around US$ 892.0 million. Rotary wing drones will remain the top-revenue generation category during the assessment period. The rotary wing LiDAR …
Photonics Market to Cross US$ 1.6 Trillion by 2033 amid Widening Application in Medical Technology and Defense | Future Market Insights, Inc.
According to the latest analysis by Future Market Insights, the global photonics market is set to be valued at US$ 911.5 billion in 2023 and rise at 5.8% CAGR during the projection period. By 2033, total market size of photonics is forecast to reach US$ 1.6 trillion by the end of 2033. Based on application, displays segment …
Smart Wearables Market Projected to Reach US$ 369,812.8 Million by 2033 with a Striking CAGR of 20.1%
The global smart wearables market is anticipated to generate revenues of US$ 59,067.2 million in 2023. Demand is anticipated to increase at a CAGR of 20.1% and reach US$ 369,812.8 million by 2033. Wearable technology adapts to changing lifestyles by incorporating electronics into routine activities and can be worn on any part of the body. Elements like …
Global LED Backlight Display Driver ICs Market Projected to Reach US$ 3.7 Billion by 2033, Exhibiting a CAGR of 5.2%
The global LED backlight display driver ICs market is anticipated at US$ 2.1 billion in 2022. Demand is likely to remain high for LED backlight display driver ICs during the assessment period. this is due to the rising application across various end-use industries and garnering US$ 2.2 billion in 2033, recording a CAGR of 5.2% from 2023 …
Global Utility Asset Management Market is projected to reach a valuation of US$ 8.61 billion by 2033 | Future Market Insights, Inc.
The utility asset management industry is projected to be maneuvered by the surging consumption of energy supported by the rising number of residential and commercial infrastructures across the world. In addition to this, an increase in the number of governments of emerging as well as underdeveloped economies across the globe understand the significance of utility …
Location Analytics Market value is expected to reach USD 82.14 billion by 2033, growing at a CAGR of 14.8% | Future Market Insights, Inc.
The location analytics market is anticipated to thrive at a strong CAGR of 14.8% between 2023 and 2033. The market is anticipated to cross a market share of US$ 82.14 billion by 2033, while it is expected to be valued at US$ 20.66 billion in 2023. The increased penetration of smartphone technology and location-based appliances are fueling …