The global industrial services market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. The growth of the industrial services market is attributed to the growing need for operational excellence, increasing demand for maintenance-as-a-service, and...
The proximity sensor market was valued at USD 2.92 billion in 2019 and is expected to reach USD 4.38 billion by 2025, at a CAGR of 7% over the forecast period 2020 - 2025. The proximity sensor can detect the presence of objects within its vicinity without any physical contact. For sensing objects, this sensor radiates or emits a beam of electromagnetic...
The scandium market is expected to register a CAGR of around 11% (in terms of volume), during the forecast period. The major factors driving the growth of the market studied are the accelerating usage in solid oxide fuel cells (SOFCs), and the rising demand for aluminum-scandium alloys. However, lack of awareness, high cost, and inconsistent...
Global Industrial Brushes Market 2020-2024 The analyst has been monitoring the industrial brushes market and it is poised to grow by $ 140.17 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on the industrial brushes market provide a holistic analysis, market size and forecast, trends,...
The market for electronic test and measurement instruments in the global aerospace and defense industry is expected to experience an approximate 3.5% compound annual growth rate (CAGR) from 2019 to 2026. In 2019, it generated $2,041.2 million, with a base year growth rate of 2.9%. The market is set to grow further once the impact of the COVID-19...
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 Bio-isobutene Industry Set to Create an Annual $1.0 Billion Revenue Opportunity for Bio-Isobutene Manufacturers Globally by 2025 Market Report Coverage - Bio-isobutene Market Segmentation • End-User Application • Product Regional Segmentation • North America – U.S., Canada, and Mexico •...
The Global DC Power Supplies Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include rising trend for remotely controllable power supply, growing number of data centers, and increasing usage of...
The APAC high speed connector market is expected to grow from US$ 1,037.51 million in 2019 to US$ 2,128.62 million by 2027; it is estimated to grow at a CAGR of 9.7 % from 2020 to 2027. Features such as high-speed, flexile, tiny, and waterproof connector are expected to escalate the APAC high speed connector market during the forecast period.Miniaturization...
The Europe high speed connector market is expected to grow from US$ 543.47 million in 2019 to US$ 910.30 million by 2027; it is estimated to grow at a CAGR of 6.8 % from 2020 to 2027. Growth in networking and communication sector is expected to accelerate the growth of the Europe high speed connector market.The high speed connector has...