The global smartphone display market is expected to grow at a compound annual growth rate of 5.70% over the forecast period to reach a market size of US$43.117 billion in 2026 from US$29.257 billion in 2019. The market is expected to surge in the coming years, because of the advancement in technologies, growth of urban population, and rising incomes, globally. According to the United Nations, by 2050, 68% of the global population, is expected to reside in urban areas, from 55% in the year 2 Read more...
The global smart card market is expected to grow at a compound annual growth rate of 6.82% over the forecast period to reach a market size of US$14.114 billion in 2026 from US$8.894 billion in 2019. The market is expected to surge in the coming years, because of the rise in the need for security applications and services, that employs critical and imperative information and data, documents, and several other credentials. The adoption of contactless smart card technology is also expected to be a Read more...
The Southeast Asia soft starter market is expected to grow at a compound annual growth rate of 3.12% over the forecast period to reach a market size of US$23.556 million in 2026, from US$18.915 million in 2019. The market is expected to surge in the coming years in the region because of the increasing manufacturing capacity in the region, the surging presence of major consumer electronic firms, food and beverage firms, oil and gas companies, the textile industry and others, in the region. Countr Read more...
The global mini-LED market is expected to grow at a compound annual growth rate of 73.28% over the forecast period to reach a market size of US$1,063.574 million in 2026 from US$39.290 million in 2020. The market is expected to surge in the coming years, because of the rise in the demand for consumer electronics products, growth in the automotive sector, and other related applications. Major companies have been investing a significant sum of capital to develop novel and advanced mini-LED so Read more...
The global Magnetic RAM Market is expected to grow at a compound annual growth rate of 28.71% over the forecast period to reach a market size of US$4,996.637 million in 2026 from US$853.870 million in 2019. The market is expected to surge in the coming years, because of the increasing usage of MRAM in applications such as automotive, defense, aerospace, consumer electronics, and others. Major companies, scientific, and research & development institutions, have been developing MRAM techn Read more...
The electrical steel market is expected to grow at a compound annual growth rate of 8.17% over the forecast period to reach a market size of US$47.595 billion in 2026 from US$27.467 billion in 2019. The electrical steel market is estimated to grow in the forecast period. An increase in infrastructural development, industrialization, a rise in the demand in the power sector, and urbanization is going to be the driving factors of the electrical steel market. Electrical steel is used across various Read more...
The QUBIT semiconductor market is expected to grow at a compound annual growth rate of 68.74% over the forecast period to reach a market size of US$942.544 million in 2026 from US$40.831 million in 2020. QUBIT semiconductor refers to the advanced transmitters for electrons within the device. These semi-conductors forms the bases of ultra-fast electronics and devices which require speed processing. It calibrates with nanotechnology and circuit-fabric which aims to develop thin sheets for chip and Read more...
The thermo-electric semiconductor market is expected to grow at a compound annual growth rate of 9.18% over the forecast period to reach a market size of US$1,238.670 million in 2026 from US$731.303 million in 2020. Thermoelectric semiconductor is the solid semi-conducting equipment that converts temperature to heat transmitted to DC power. The semiconductors are widely used in cooling devices and generators. The generator and cooling refrigerators undertake a see beck effect to generate voltage Read more...
The superluminescent diodes market is projected to witness a compound annual growth rate of 8.55% to grow to US$377.050 million by 2026, from US$212.361 million in 2019. The demand for superluminescent diodes in the medical industry has been increasing which is anticipated to surge the growth of the superluminescent diodes market during the forecast period. The demand for OCT has been increasing over the years due to a rise in the prevalence of various eye diseases which require OCT. This is exp Read more...
The receptacles market is expected to grow at a compound annual growth rate of 5.11% over the forecast period to reach a market size of US$4.613 billion in 2026 from US$3.421 billion in 2020. Receptacles refer to the electrical plugs, coverings and the sockets which are primarily used for protecting the wiring in the machines which vary in terms of voltage and frequencies. In the mechanical and electrical industry, these bezels like structures protect the industrial devices from getting mislinke Read more...
