Semiconductor and Electronics

The Electric Heat Tracing market is projected to grow from USD 2.5 Billion in 2022 to USD 3.8 Billion in 2027; it is expected to grow at a CAGR of 8.3% from 2022 to 2027. The growth of the market is attributed to the increasing adoption of electric heat tracing systems over conventional steam tracing systems, the rising demand for energy-efficient electric heat tracing systems, and low maintenance cost of electric heat tracing systems are the factors driving the growth of the electric heat tracing market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88678555 Self-regulating electric heat tracing type to grow at highest CAGR during the forecast period In self-regulating heat tracing systems, heating cables are designed and built to regulate their output according to the requirements. The heat output is automatically adjusted in response to the increase or decrease of ambient temperatures. In a self-regulating heating cable, the electric current i...

The smart thermostat market is projected to reach USD 6.4 billion by 2026; it is expected to grow at a CAGR of 20.8% during the forecast period. The market has a promising growth potential due to emergence of IoT-enabled HVAC systems as the combination of the HVAC industry and IoT provide superior customer-centric services and enabled remote appliance control. Increasing adoption of smart homes; government regulations pertaining to increase energy efficiency of buildings; and surging adoption of smart home voice assistants are among the major factors driving the growth of the smart thermostat market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266618794 Learning smart thermostat segment is projected to register the highest CAGR by 2026 The smart thermostat market for learning smart thermostat segment is expected to grow at fastest CAGR during the forecast period. A learning thermostat is the most advanced smart thermostat that learns the user’s...

The global vibration level switch market is estimated to reach USD 605.5 million by 2018 and USD 833.8 million by 2023, growing at a CAGR of 6.6% during that period Benefits over other point level measurement technologies, growing demand in pharmaceuticals and food & beverages industries, and emphasis on safety of overfill protection systems are some of the key factors driving the growth of the vibration level switch market. The major restraint for the market is impaired performance of vibration level switches in certain media and the requirement of diversified certifications for end markets is a key challenge. However, possibilities with newer wireless vibration level switch designs and industrial growth in emerging economies present ample growth opportunities to the market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189804078 Vibrating fork level switch is estimated to hold the largest share of the overall vibration level switch market in...

MulteFire Market is likely to grow from USD 455 million in 2020 to USD 2,119 million by 2025, at a CAGR of 36.0%. The growth of the market is mainly driven by escalating demand for high-performance and easy-to-deploy wireless connectivity networks, increasing need for more scalable and better network connectivity for industrial IoT (IIoT) applications, growing requirement for cost-saving and high-capacity networks. Deployment of 5G network, and inititive of MulteFire alliance are expected to create significant growth opportunities for players in the MulteFire market during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68291787 Small cell devices to grow at highest CAGR for MulteFire market during forecast period The highest growth rate of the MulteFire market for small cell devices is due to the rising demand for reliable and private networks based on unlicensed and shared frequencies would accelerate the deployment of small...

The global medical device testing market is expected to grow USD 11.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The harmonization of standards, growing consumption of medical devices in emerging countries, increasing need of validation and verification for medical devices, the imposition of rigorous government regulations, the growing trend of outsourcing medical device testing services and standards across medical devices are a few of the driving factors for the market.  The COVID-19 outbreak in 2019 further accentuated the development of advanced low-cost medical devices. These devices need to comply with stringent regulations regarding medical devices, hence, manufacturers are investing heavily in testing their devices. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254474064 Testing Services, by service type held the largest share in the global medical device testing market in 2019 There is an increasing demand for TIC serv...

The global semiconductor bonding market size is projected to grow from USD 887 million in 2021 to USD 1,059 million by 2026; it is expected to grow at a CAGR of 3.6% from 2021 to 2026. Factors such as growing demand for MEMs and surge in demand for electric vehicle are driving the growth of the market during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238988744 Notable R&D investments and technological advances have increased the demand for reliable and high-performance miniaturized electronic components, such as microelectromechanical systems (MEMS) and microoptoelectromechanical systems (MOEMS), from high-growth and high-value industries, including aerospace, military, automotive, consumer electronics, and medical. Die bonder equipment are extensively being used for the assembly and packaging of MEMS and MOEMS devices. MEMS and MOEMS devices find applications in sensors, robotics, microvalves, flow controllers, global ...

 The global rugged servers market size is projected to reach USD 652 million by 2025; it is expected to grow at a CAGR of 6.5% during forecast period. The growth of the rugged servers market is majorly driven by rising demand for industrial IoT, stringent regulatory requirements across various industries, and growing demand for rugged servers in the military, industrial, and power sectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59534044 Dedicated segment expected to lead the rugged servers market in 2020 Dedicated rugged servers are expected to account for the larger share of the rugged servers market in 2020. As rugged servers are majorly used in mission-critical applications, military & aerospace, and industrial sectors are the major end users of these servers. These sectors operate under critical temepratures, vibrations, or dusty conditions; hence, access and transfer of data become difficult. Dedicated rugged servers prove t...

The global industrial refrigeration market is estimated to grow from USD 19.4 billion in 2021 to USD 25.1 billion by 2026 at a CAGR of 5.3% during 2021–2026. The growth of the industrial refrigeration market is driven by factors such as the rising demand for innovative and compact refrigeration systems; increasing government support to strengthen cold chain infrastructure in developing countries, and growing inclination toward eco-friendly refrigerant-based refrigeration systems due to stringent regulatory policies. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245749288 Industrial refrigeration are used to cool, freeze, and maintain appropriate temperature levels across warehouses or storage facilities, food processing units, chemical and pharmaceutical industries, and logistics and other distribution area applications. These systems are made of various components, including compressors; condensers; evaporators; controls; and vessels, pumps, valv...