The global microcomponent semiconductor market for manufacturing industry is projected to grow at a CAGR of 3.24% during the forecast period to reach US$6.904 billion in 2024 from US$5.704 billion in 2018. The increasing focus by the manufacturers to improve the overall productivity and efficiency is significantly driving the investment in factory automation, which is turn, is boosting the growth of microcomponent market in the manufacturing industry. Simultaneously, the growing production wi Read more...
The special purpose logic market is projected to grow at a CAGR of 3.25% to reach US$93.628 billion by 2024, from US$77.283 billion in 2018. The manufacturers are increasingly focusing on manufacturing devices that optimize power consumption, while, simultaneously delivering the desired performance with a compact design. Thus, the growing focus on integration of devices is anticipated to drive the special purpose logic market during the forecast period. This research study Read more...
The mirrorless cameras market was estimated to be valued at US$1.913 billion in 2018. Mirrorless cameras refer to a camera that uses a single removable lens and employs a digital display system instead of an optical viewfinder. Mirrorless cameras utilize an image sensor to display an image acting as an electronic viewfinder. These cameras are relat Read more...
The North America microcomponent semiconductor market is projected to grow at a CAGR of 1.10% between 2018 and 2024. The focus by the government of the United States to expand domestic manufacturing is anticipated to drive the revenue generation opportunity for the microcomponent manufacturers to generate higher revenues from the region. Simultaneously, the improvement in the business environment is resulting in many end-user producers to shift their production base in Mexico, which is furthe Read more...
The Asia Pacific Optoelectronics market is projected to grow at a CAGR of XX.XX% to reach US$XX.XX billion by 2024, from US$22.723 billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for optoelectronics will increase in the region owing to an increase in the demand for smartphones and consumer electronics. Furthermore, promotive government policies, along with cheaper availability of labor and res Read more...
The Europe Optoelectronics market is projected to grow at a CAGR of 5.77% to reach US$XX.XX billion by 2024, from US$XX.XX billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for optoelectronics will increase in the region owing to an increase in the demand for smartphones and consumer electronics. Furthermore, the increasing automotive production will further fuel the demand for optoelectronics i Read more...
The Global Optoelectronics for Automotive Industry market is projected to grow at a CAGR of XX.XX% to reach the market size of US$XX.XX billion in 2024, from US$XX.XX billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for photoelectric components for the automotive Industry is on the rise during the forecast period owing to the increasing penetration of electronic components in automobiles. Lamps Read more...
The Global Optoelectronics for Communications Industry market is projected to grow at a CAGR of 4.56% during the 2018-2024 period. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for photoelectric components for the communications industry is on the rise during the forecast period owing to an increasing demand for smartphones worldwide. Furthermore, increasing penetration technological innovations in smartphon Read more...
The Global Optoelectronics for Consumer Electronics Industry market is projected to grow at a CAGR of XX.XX% to reach the market size of US$XX.XX billion in 2024, from US$XX.XX billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. The demand for photoelectric components for the consumer electronics industry is on the rise during the forecast period owing to the increasing affordability of devices such as digit Read more...
The Global Optoelectronics for Manufacturing Industry market is projected to grow at a CAGR of XX.XX% to reach the market size of US$XX.XX billion in 2024, from US$XX.XX billion in 2018. Optoelectronics or photoelectric components are semiconductor devices which can either produce light or can react to it. Photoelectric components will witness a rise in the demand from the manufacturing industry owing to the growing automation in the field. Multiple automation robots utilize lasers and camera Read more...
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