Amit Mohite

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2025-08-26 16:20:52 -

Global Synchrophasors Market to Reach US$ 2.0 Bn by 2034, Driven by Grid Modernization
The global synchrophasors market is entering a phase of rapid transformation, propelled by the growing complexity of modern power systems and the accelerating adoption of renewable energy. Valued at US$ 258.9 million in 2023, the market is projected to expand at a remarkable CAGR of 20.5% from 2024 to 2034, ultimately reaching US$ 2.0 billion by 2034. Synchrophasors: Enhancing Grid Visibility...

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Amit Mohite added blog Other
2025-08-26 16:05:37 -

From Architecture to Healthcare: BIM’s Expanding Applications
The construction industry in Australia, New Zealand, and India is undergoing rapid transformation, driven by accelerated infrastructure development and the adoption of digital technologies. One of the most significant advancements in this sector is the growing use of Building Information Modeling (BIM), a digital tool that integrates cost, time, and design aspects into one comprehensive...

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2025-08-26 15:51:13 -

SoC Market Expansion Driven by Consumer Electronics & Automotive Sectors
The global system-on-chip (SoC) market is poised for remarkable growth, fueled by the increasing demand for high-performance, energy-efficient, and compact devices across industries. Valued at US$ 151.8 billion in 2021, the market is expected to expand at a CAGR of 8.1% from 2022 to 2031, reaching US$ 317.8 billion by 2031. SoCs are transforming modern electronics by integrating multiple...

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Amit Mohite added blog Other
2025-08-25 20:33:16 -

Global SMT Equipment Market Expands Amidst Rapid Technological Advancements
The global surface mount technology (SMT) equipment market was valued at US$ 5.7 billion in 2022 and is projected to reach US$ 9.1 billion by 2031, expanding at a CAGR of 5.9% from 2023 to 2031. The exponential growth of the electronics industry and the increasing demand for smaller, lighter, and high-performing devices are fueling market expansion. The SMT equipment market is witnessing...

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Amit Mohite added blog Other
2025-08-25 19:54:33 -

Lithography Equipment Market Forecast: 7.2% CAGR Through 2031
The global lithography equipment market was valued at US$ 22.1 billion in 2022 and is projected to expand at a CAGR of 7.2% from 2023 to 2031, reaching nearly US$ 41.3 billion by 2031. Rapid adoption of smart devices, 5G rollout, and growing demand for advanced semiconductor integrated circuits (ICs) are fueling the market’s robust growth. Analyst Viewpoint The expansion of the...

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2025-08-25 19:01:08 -

Demand for Communication Services Boosts Medium and Large Satellite Market Expansion
The global medium and large satellite market is witnessing steady growth, driven by rising communication needs, rapid advancements in space technology, and increasing government investments in research and development. Valued at US$ 140.5 billion in 2022, the market is projected to expand at a CAGR of 7.1% from 2023 to 2031, reaching US$ 243.3 billion by 2031. Market Overview Medium...

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Amit Mohite added blog Other
2025-08-25 18:46:45 -

Robotic Waste Sorting Market to Reach US$ 3.4 Bn by 2034
The global robotic waste sorting market is poised for steady growth as automation, artificial intelligence (AI), and machine learning (ML) redefine recycling efficiency. Valued at US$ 2.3 billion in 2023, the industry is projected to expand at a CAGR of 3.8% from 2024 to 2034, reaching US$ 3.4 billion by the end of 2034. Rising demand for precision, efficiency, and sustainable practices in...

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2025-08-25 17:27:50 -

Microgrid-as-a-Service Market Outlook: Transforming Global Energy
The global microgrid-as-a-service (MaaS) market is entering a phase of rapid transformation as countries seek cleaner, more resilient, and cost-efficient energy solutions. Valued at US$ 1.85 billion in 2021, the market is projected to grow at a CAGR of 15.7% from 2022 to 2031, reaching an impressive US$ 7.83 billion by the end of the forecast period. This surge is fueled by growing electricity...

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Amit Mohite added blog Other
2025-08-25 17:06:52 -

Global Construction Robots Market Sees Rapid Technological Advancements
The global construction robots market, valued at US$ 91.2 Mn in 2021, is on the path to major expansion. Growing at a strong CAGR of 15.3% from 2022 to 2031, the market is projected to reach US$ 359.6 Mn by 2031. With rising labor shortages, increasing urbanization, and the demand for faster, safer, and more sustainable construction methods, robots are steadily reshaping the global construction...

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Amit Mohite added blog Other
2025-08-22 20:48:43 -

Laser Technology Market to Reach US$ 34.5 Billion by 2034, Fueled by Multi-Sector Demand
The global laser technology market is entering a period of steady growth, driven by rising adoption across healthcare, defense, automotive, and industrial sectors. Valued at US$ 21.3 billion in 2023, the market is projected to grow at a CAGR of 4.4% between 2024 and 2034, reaching US$ 34.5 billion by the end of 2034. The surge in demand for high-precision technologies, coupled with government...

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2025-08-22 20:31:52 -

Digital Transformation and Cloud Computing Drive Growth in Data Center Equipment Market
In today’s digital-first economy, data centers have become the backbone of business operations across industries. Whether physical or virtual, data centers serve as centralized repositories where organizations store, manage, and process mission-critical information. As enterprises expand, the need for larger storage capacities, efficient operations, and robust security continues to fuel...

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Amit Mohite added blog Other
2025-08-22 18:36:20 -

Electronics to Renewable Energy: Flexible Substrate Market to Record 18.9% CAGR
The global flexible substrate market is entering a high-growth phase, transforming industries from consumer electronics to renewable energy. Valued at over US$ 2.6 Bn in 2021, the market is projected to expand at an impressive CAGR of 18.9% between 2022 and 2031, crossing US$ 28.7 Bn by 2031. This rapid growth is fueled by demand for advanced electronics, foldable displays, solar panels, and...

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2025-08-21 21:27:13 -

LED Innovations Reshape the Grow Light Market Landscape
The global grow light market is gaining momentum as urban farming, vertical agriculture, and indoor gardening reshape food production systems. Valued at US$ 890.0 Mn in 2022, the industry is projected to expand at a CAGR of 7.5% from 2023 to 2031, reaching approximately US$ 1.2 Bn by 2031. Growing emphasis on sustainable food systems, demand for organic produce, and technological innovations in...

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2025-08-21 21:08:51 -

Compact and Energy-Efficient Power Solutions Driving SMPS Market
The global SMPS (Switch Mode Power Supply) inductor transformer market is on a steady growth path, fueled by rising demand for compact, energy-efficient power solutions across multiple industries. Valued at US$ 1.3 Bn in 2024, the market is projected to grow at a CAGR of 5.1% from 2025 to 2035, reaching US$ 2.2 Bn by 2035. Analysts’ Viewpoint The shift toward energy-efficient...

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2025-08-21 20:30:17 -

The Impact of Advanced Data Analytics on SPC Deployment
The global safety programmable controller (SPC) market is experiencing strong growth as industries worldwide prioritize worker safety, regulatory compliance, and seamless automation integration. Valued at US$ 524.29 Mn in 2024, the market is projected to expand at a CAGR of 7.40% from 2025 to 2035, reaching US$ 1,171.66 Mn by 2035. Growing emphasis on industrial safety, coupled with...

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Amit Mohite added blog Health
2025-08-20 20:23:29 -

Prototyping in Consumer Electronics: Fast-Paced Innovation Cycle
The global product prototyping industry is undergoing rapid transformation as industries demand faster innovation and greater customization. Valued at US$ 19.34 Bn in 2023, the market is forecast to advance at a CAGR of 11.5% from 2024 to 2034, reaching US$ 63.90 Bn by the end of 2034. Prototyping has become the backbone of modern product development, allowing companies to design, test, and...

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2025-08-20 17:50:41 -

Torque Limiter Industry Positioned for Strong Growth in Next Decade
The global torque limiter market, valued at US$ 324.9 million in 2023, is on a steady upward trajectory. Analysts project the market to expand at a CAGR of 5.8% from 2024 to 2034, reaching US$ 597.4 million by the end of 2034. This growth is closely tied to the rapid pace of industrial automation, the rise of electric vehicles, and the push toward renewable energy solutions—all of which...

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Amit Mohite added blog Networking
2025-08-20 17:20:09 -

How IPDs Improve Efficiency in High-Frequency Applications
The global integrated passive devices (IPDs) market is entering a transformative era as semiconductor innovation, 5G adoption, and the Internet of Things (IoT) reshape the landscape of modern electronics. Valued at US$ 1.5 billion in 2024, the industry is projected to grow at a CAGR of 7.0% from 2025 to 2035, reaching US$ 3.2 billion by the end of 2035. As technology becomes increasingly...

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Amit Mohite added blog Other
2025-08-19 17:29:52 -

Market Drivers Behind the Rapid Expansion of IoT Sensors
The Internet of Things (IoT) is reshaping industries worldwide, with sensors forming the backbone of this transformation. The global IoT sensors market, valued at US$ 106.6 billion in 2023, is projected to grow at a robust CAGR of 7.7% from 2024 to 2034, ultimately reaching US$ 258.0 billion by the end of the forecast period. This growth underscores the accelerating demand for smart, connected...

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Amit Mohite added blog Other
2025-08-19 16:51:06 -

Global MEMS Market Outlook 2034: Key Trends and Forecasts
The global micro-electromechanical system (MEMS) market is entering a new phase of growth, driven by rising demand across healthcare, consumer electronics, automotive, and industrial applications. Valued at US$ 17.7 billion in 2023, the industry is forecast to expand at a CAGR of 4.4% from 2024 to 2034, reaching US$ 28.6 billion by 2034. Increasing emphasis on miniaturization, energy...

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