The global next-generation solar cell market was valued at USD 2.4 billion in 2022 and is projected to expand at a robust CAGR of 21.7% from 2023 to 2031, reaching USD 14.2 billion by the end of the forecast period. Next-generation solar cells encompassing second- and third-generation technologies such as amorphous silicon, CIGS, perovskite PV, organic photovoltaics, tandem cells, and...
The global next-generation solar cell market was valued at USD 2.4 billion in 2022 and is projected to expand at a robust CAGR of 21.7% from 2023 to 2031, reaching USD 14.2 billion by the end of the forecast period. Next-generation solar cells encompassing second- and third-generation technologies such as amorphous silicon, CIGS, perovskite PV, organic photovoltaics, tandem cells, and...
A new market study titled Global Space Grade Connectors Market Outlook 2031 reveals that the space-grade connectors industry was valued at USD 828.8 million in 2022 and is expected to expand at a CAGR of 4.9% between 2023 and 2031, reaching USD 1.2 billion by the end of the forecast period.
Market Overview: Space-grade connectors are highly specialized electrical...
A new market study titled Global Space Grade Connectors Market Outlook 2031 reveals that the space-grade connectors industry was valued at USD 828.8 million in 2022 and is expected to expand at a CAGR of 4.9% between 2023 and 2031, reaching USD 1.2 billion by the end of the forecast period.
Market Overview: Space-grade connectors are highly specialized electrical...
The global force gauge market, valued at USD 5.5 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 through 2031, reaching USD 7.9 billion by the end of the forecast period. Key growth catalysts include heightened emphasis on quality control and product safety, rapid technological advancements in force measurement devices,...
The global force gauge market, valued at USD 5.5 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 through 2031, reaching USD 7.9 billion by the end of the forecast period. Key growth catalysts include heightened emphasis on quality control and product safety, rapid technological advancements in force measurement devices,...
The Global DC-DC Converter Market Outlook 2031 report reveals that the market, valued at USD 7.4 billion in 2022, is projected to expand at a CAGR of 6.8% from 2023 through 2031, reaching USD 13.3 billion by the end of 2031.
Market Overview: DC-DC converters are essential for managing power distribution across myriad electronic systems, converting input DC...
The Global DC-DC Converter Market Outlook 2031 report reveals that the market, valued at USD 7.4 billion in 2022, is projected to expand at a CAGR of 6.8% from 2023 through 2031, reaching USD 13.3 billion by the end of 2031.
Market Overview: DC-DC converters are essential for managing power distribution across myriad electronic systems, converting input DC...
The global Surface Mount Technology (SMT) equipment market is entering a high-growth phase, with projections estimating a rise from US$ 5.7 billion in 2022 to US$ 9.1 billion by 2031. This expansion, driven by a robust CAGR of 5.9%, is a direct response to the growing complexity and scale of modern electronics manufacturing.
Why SMT Equipment Is More Crucial Than Ever
SMT...
The global Surface Mount Technology (SMT) equipment market is entering a high-growth phase, with projections estimating a rise from US$ 5.7 billion in 2022 to US$ 9.1 billion by 2031. This expansion, driven by a robust CAGR of 5.9%, is a direct response to the growing complexity and scale of modern electronics manufacturing.
Why SMT Equipment Is More Crucial Than Ever
SMT...
The global advanced semiconductor packaging market is evolving rapidly, with significant growth anticipated in the coming years. Valued at USD 30.1 billion in 2022, the industry is projected to grow at a compound annual growth rate (CAGR) of 5.2%, reaching an estimated value of USD 40.3 billion by 2031. The rise in adoption of electronic devices and the increasing focus on wafer-level packages...
The global advanced semiconductor packaging market is evolving rapidly, with significant growth anticipated in the coming years. Valued at USD 30.1 billion in 2022, the industry is projected to grow at a compound annual growth rate (CAGR) of 5.2%, reaching an estimated value of USD 40.3 billion by 2031. The rise in adoption of electronic devices and the increasing focus on wafer-level packages...
The global wireless charger market was valued at US$ 16.4 billion in 2021 and is projected to expand at a CAGR of 31.9% from 2022 to 2031, reaching a valuation of US$ 243.3 billion by 2031. The rapid adoption of wireless charging technology across multiple industries, including consumer electronics, healthcare, automotive, and industrial automation, is a key driver behind this growth.
Wireless...
The global e-scrap and printed circuit board (PCB) e-scrap market is witnessing significant growth, driven by increasing electronic waste generation, stringent environmental regulations, and rising demand for sustainable recycling solutions. Valued at US$ 69.2 billion in 2021, the market is projected to expand at a CAGR of 12.9% from 2022 to 2031, reaching US$ 230.3 billion by the end of 2031....
The global collaborative robot (cobot) market is experiencing rapid expansion, driven by increasing automation needs, high labor costs, and heightened concerns for workplace safety and productivity. In 2023, the industry was valued at US$ 1.2 billion and is projected to reach US$ 15.3 billion by 2034, growing at an impressive CAGR of 26.1% from 2024 to 2034.
Cobots are designed to work...
The global semiconductor intellectual property (IP) market was valued at US$ 7.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.9%, reaching US$ 13.5 billion by 2034. The market is being propelled by the rising demand for AI-based applications, government initiatives to modernize defense technologies, and advancements in semiconductor IP commercialization...
A new market report reveals that the global flexible substrate market, valued at over US$2.6 Bn in 2021, is poised for extraordinary growth—projected to exceed US$28.7 Bn by the end of 2031, expanding at a robust CAGR of 18.9% from 2022 to 2031.
Market Overview and Key Insights:
Flexible substrates play a critical role in modern electronics, providing both structural support and...
According to the latest research report by Transparency Market Research (TMR), the global deep learning chipset market is poised for exponential growth. Driven by the unprecedented surge in data volumes and advanced algorithms, the market is expected to quintuple from approximately USD 6.4 billion in 2019 to nearly USD 35.2 billion by 2027, expanding at a robust compound annual growth rate...
The global Automated Test Equipment (ATE) market is poised for substantial growth, driven by rising demand across various industries such as consumer electronics, automotive, aerospace, and defense. With a valuation of US$ 5.91 billion in 2020, the market is expected to expand at a CAGR of 3.9% from 2021 to 2031, reaching an estimated value of US$ 9.02 billion by 2031.
Key Drivers of...
The global printed circuit board (PCB) market for electric vehicles (EVs) is experiencing significant growth, driven by the increasing adoption of EVs worldwide. In 2024, the industry was valued at US$ 1.7 Bn, and it is projected to grow at a CAGR of 8.5% from 2025 to 2035, reaching US$ 4.4 Bn by the end of 2035.
Market Dynamics
Key Drivers
Growing Investments and Strategic Partnerships in...
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