The magnetic refrigeration market is estimated to grow at a CAGR of 50.44% to reach US$202.757 million in 2025 from US$17.493 million in 2019. There has been a growing focus to reduce the global warming to below 2°C by 2100. In order to achieve this, approx. 200 countries recently agreed on dramatically reducing the reliance on climate change causing chemicals called hydrofluorocarbons (HFCs) in air conditioning and refrigeration. This refrigerant has a significantly higher potentia Read more...
The foldable display market was valued at US$104.158 million in 2019 and is expected to grow at a CAGR of 83.93% over the forecast period to reach a total market size of US$4,033.094 million in 2025. Modernization seems a never-ending process as societies have been experiencing it for centuries, and still continue to do so throughout the globe. While blending of cultures and lifestyles from the west into those in the east, and vice-versa can be referred to as modernization, advancements Read more...
The global towel warmer market is evaluated at US$554.678 million for the year 2019 growing at a CAGR of 6.42% reaching the market size of US$805.717 million by the year 2025. Towel warmers or towel radiators are is a heated towel rail that is designed in such a manner to give a decorative look to the bathroom and has a major function to warm the towels that are hanged on them. These devices are suitable to warm as well as drying the towels along with giving a cozy temperature to the environm Read more...
The Electronic identification market was valued at US$39.010 billion in 2019. Electronic Identification has been gradually wiping the legacy identification solutions out of the market and this phenomenon is anticipated to pick up more pace as we move ahead in a technology-intensive ecosystem. Legacy identification ecosystem includes paper-based identification documents that are offered by businesses or various agencies which are authorized by governments for the purpose. Although this tr Read more...
China ultrafast lasers market is projected to grow at a CAGR of 24.06% between 2019 and 2025. Evolving industry standards and the growing requirement of enhanced and accurate components. Stringent amendments and regulations such as ISO and ANSI among others being formulated across different industries are encouraging different market players to make use of enhanced and advanced machines such as ultrafast laser machines, for cutting welding and machining purposes in order Read more...
The global Broadcasting Equipment market as valued at US$29.273 billion in 2019. Broadcasting equipment includes FM exciter, studio transmitter link, composite switcher, FM stereo generator, antenna array, and FM transmitter power amplifier among others. These wide varieties of broadcasting equipment are used in news production, sports events, concerts, and corporate conferences. The global broadcasting equipment market has been primarily influenced by rising in the audience with a major Read more...
The private mobile radio market was valued at US$18.119 billion in 2019. Private mobile radio refers to the two-way radio-based communication equipment that has the ability to offer uninterrupted and seamless communication to the on-field personnel working across different sectors ranging from the military for emergency medicals services. Continuous communications are considered to be of utmost importance for the personnel to stay connected every time to make critical life-changing decis Read more...
The telecom electronics manufacturing services (EMS) market is estimated at US$10.222 billion for the year 2019 growing at a CAGR of 6.18% to reach the market size of US$14.648 billion by 2025. The primary growth factors for the market growth of the telecom electronics manufacturing industry include the rising demand for communication devices and the continuously evolving trend and the expansion of wireless communication. The telecom manufacturing services majorly include the design and Read more...
The 3D NAND Flash Memory market is estimated to grow at a CAGR of 15.86% during the 2018-2024 period. The 3D NAND flash memory technology has come in the picture due to a continuous increase in demand for data storage, it offers a larger data storage and has a faster processing speed at a cheaper cost. There is an extensive demand for this technology as the existing technologies are not able to fulfill the desired requirements. The 3D NAND here proves very efficient as by giving a faster proc Read more...
Global electron microscopes market is projected to grow at a CAGR of 6.42% during the forecast period, to reach a market size of US$3.484 billion in 2025 from US$2.399 billion in 2019. The global electron microscopes market is witnessing a healthy growth due to the requirement of advanced and magnified image output of objects up to several nanometers. In comparison to the optical microscope, an electron microscope generates much magnified and detailed output. An electron microscope uses a Read more...
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