The market for polyimide films is expected to expand at a CAGR of over 7% during the forecast period. Major factors driving the market studied is the increasing demand from the electronics industry. High processing cost of polyimide films is one of the major challenges witnessed in the polyimide films market - Increasing adoption of...
The global solid state relay market size is projected to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 6.6% from 2020 to 2025. The growth of the Solid state relay market is majorly driven by growing adoption of high-tech electronics and automation in consumer electronics industry, increasing...
The market for rubber additives is expected to grow at a CAGR of over 3% during the forecast period. Major factors driving the rubber additives market are rapidly increasing demand from the tire manufacturing industry and growing application in enhancing structural and mechanical properties. Stringent environmental regulations are expected...
The automotive Ethernet market is projected to grow from USD 1.8 billion in 2020 to USD 5.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.9% from 2020 to 2026. Major factors expected to drive the growth of the automotive Ethernet market include increasing demand for higher bandwidth, rise in deployment of ADAS and infotainment...
China’s demand for Automotive Electronics has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The AWD/4WD systems are primarily used in the premium segment cars and SUVs.Improving economic conditions, increasing industrialization, and improved living standards of the consumers around the world have increased the demand for premium segment cars and SUVs. Following this demand-led growth, key OEMs have begun to focus on the development...
Executive Summary The Global Automotive FCEV Market, valued at USD 415.45 Million in the year 2020, has been witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality....
The 3D metrology market is estimated to grow from USD 9.6 billion in 2021 to reach USD 13.4 billion by 2026; it is expected to grow at a CAGR of 6.8% from 2021 to 2026. A few key factors driving the growth of this market are increased R&D spending on 3D metrology, focus on quality control while manufacturing goods, and demand for higher productivity...
The digital isolator market was valued at USD 1.6 billion in 2020 and is projected to reach USD 2.4 billion by 2026. It is expected to grow at a CAGR of 8.0% during the forecast period. Risen adoption of digital isolators as substitutes for optocouplers, surged demand for noise-free electronic and electrical circuits, increased usage of renewable...
The analog and mixed signal IP market is expected to register a CAGR of 14.5% during the forecast period from 2021 to 2026. Over the past decade, the integrated circuits have become increasingly complex and expensive. The industry started to embrace new design and reuse methodologies that are collectively referred to as system-on-chip (SoC),...