Latest Publications

The Automotive Industry's Testing, Inspection, And Certification (TIC) Market reached USD 19.8 billion in 2023, with a projected CAGR of 4.3% from 2025 to 2030. TIC testing ensures that manufactured products, components, and systems meet specific requirements. Inspection and testing are the operating parts of quality control, which is the most critical factor for the survival of an . . .

The 2023 valuation of the Global Industrial Automation Market stood at USD 185 billion. It is projected to reach USD 318 billion by 2030, with a forecasted compound annual growth rate (CAGR) of 9.3% from 2025 to 2030. Industrial automation signifies the integration of intelligent control systems into manufacturing process in place of humans. These systems can be computers, robots, . . .

The Global Substation Automation And Integration Market reached USD 36.3 billion in 2023 and is projected to reach USD 60.2 billion by 2030, with a compound annual growth rate (CAGR) of 6.6% during the period from 2025 to 2030. The growth of the substation automation and integration market is due to the increasing influence of smart grid infrastructure, aging infrastructure, techn . . .

The Global Semiconductor IP Market reached USD 6.3 billion in 2023 and is projected to grow to USD 9.8 billion by 2030, with a compound annual growth rate (CAGR) of 5.4% from 2025 to 2030. Semiconductor intellectual property signifies the unique procedures, designs, and technologies used in manufacturing semiconductors. The categories typically include copyrights, patents, and trade se . . .

The Global Smart Agriculture Market is expected to reach USD 22.7 billion by 2030, growing at a CAGR of 10.2% during the forecast period 2025-2030. Smart agriculture involves the use of agricultural robots for automating farming processes such as soil maintenance, weeding, fruit picking, harvesting, planting, and irrigation. This approach optimizes yield and conserves resources. The market is driv . . .

The forecasted period from 2025 to 2030 is expected to witness significant growth in the global multifactor authentication (MFA) market. With a compound annual growth rate (CAGR) of 16.3%, the market is projected to expand from USD 12.2 billion in 2023 to USD 27.3 billion by 2030. The multifactor authentication method is an advanced security system that entails users providing two . . .

The Global Level Sensor Market is expected to witness significant growth on a global scale, with a projected increase from USD 4.8 billion in 2023 to USD 8.6 billion by 2030. This growth is estimated to occur at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period spanning from 2025 to 2030. The level sensor is a device that is used in monitoring, managing, and . . .

The forecasted growth of the Global Manufacturing Execution System Market is expected to drive its value from USD 12.8 billion in 2023 to USD 19.7 billion by 2030, indicating a robust compound annual growth rate (CAGR) of 8.4% from 2025 to 2030. A Manufacturing Execution System (MES) is an IT-enabled software that manages, monitors, and synchronizes the execution of real-time processes . . .

The Non-Volatile Memory (NVM) Market is poised for significant growth, with a projected increase from USD 58.3 billion in 2023 to USD 85.7 billion by 2030. This represents a remarkable compound annual growth rate (CAGR) of 9.2% during the forecast period spanning from 2025 to 2030. Non-volatile memory is a type of computer memory that can retain and retrieve information even when . . .

The Global Power Electronics Market is expected to witness substantial growth in the coming years. According to market projections, it is predicted to expand from USD 30.6 billion in 2023 to USD 54.9 billion by 2030, reflecting a steady compound annual growth rate (CAGR) of 4.5% during the forecast period spanning from 2025 to 2030. Power electronics is an application of a solid-s . . .