Latest Publications

The Global Servo Motors and Drives market is expected to grow significantly during the forecast period at a steady compound annual growth rate of 6.1% to reach USD 20.12 billion by 2030. These drives and motors are typically systems that allows precision control. The servo motors are designed to offer motion control with higher efficiency and ensure precise positioning. The high torque and spee . . .

In 2023, the projected value of the Global Machine Safety Market is USD 4.3 billion. By 2030, it is expected to reach USD 6.6 billion, indicating a steady growth rate of 6.2% during the forecast period of 2025-2030. Machine safety encompasses a range of devices and safety measures designed to protect both machines and operators from potential hazards, ensuring the safety of human life and the . . .

During the forecast period of 2025 to 2030, the Global Flexible AC Transmission System Market is projected to expand at a compound annual growth rate (CAGR) of 5.6%, resulting in a valuation of USD 1.9 billion by 2030. This signifies significant growth compared to its value of USD 1.2 billion in 2023. Flexible AC Transmission System (FACTS) is a power electronics-based system composed . . .

According to forecasts, the Global Pressure Sensor Market is projected to experience substantial growth over the next decade. It is expected to increase from USD 13.2 billion in 2023 to USD 24.52 billion by 2030, reflecting a notable compound annual growth rate (CAGR) of 9.2% during the forecast period from 2025 to 2030. The pressure sensor is an electronic device that regulates, . . .

The Global Smart Sensor Market witnessed a significant growth trajectory, with a valuation of USD 37.1 billion in 2023. Projections indicate that it will further expand and reach USD 92.3 billion by 2030, exhibiting an impressive compound annual growth rate (CAGR) of 19.4% from 2025 to 2030. Smart sensor is a pivotal technological development that provides control and monitoring of var . . .

The global Fingerprint sensor market is expected to grow from USD 4.01 billion in 2023 to USD 12.8 billion by 2030 at a steady compound annual growth rate of 15.2% CAGR during the forecast period.  Fingerprint sensors refer to specially designed systems for providing electronic security. These advanced systems use biometric technology such as fingerprints to authenticate ab access to a dev . . .

The Global Solid State Transformer Market is poised for substantial growth, with an estimated value of USD 0.15 billion in 2023 projected to reach USD 0.48 billion by 2030. This growth is expected to be driven by a robust compound annual growth rate (CAGR) of 12% during the forecast period of 2025-2030. A solid-state transformer typically refers to the array of semiconductor components . . .

By 2030, the Asia-Pacific Vertical Farming Market is projected to expand at a compound annual growth rate (CAGR) of 22.1%, ultimately attaining a market size of USD 4.1 billion. In 2023 the respective market was USD 0.6 billion. This forecast underscores the substantial growth potential of the vertical farming industry in the Asia-Pacific region. The Vertical farming tec . . .

The E-Cigarette Market in the Asia-Pacific region is poised for significant growth, projected to achieve a remarkable CAGR of 26.7% throughout the forecast period. By 2030, industry experts predict that the market will reach a substantial valuation of USD 14.5 billion. Several key factors are driving the expansion of the Asia-Pacific e-cigarette market, including heightened consumer awareness, pro . . .

The e-cigarette market in the United States is projected to experience a significant growth rate of 13.72% throughout the forecast period and by 2030, it is estimated that the market size will reach a substantial value of USD 65.59 billion from USD 34.49 billion in 2024. An electronic cigarette or e-cigarette is a battery-operated smoking device. It emanates measured doses of vaporized nicotine . . .