Semiconductor and Electronics

  The North America TIC market is projected to grow from USD 69.89 billion in 2025 to USD 79.10 billion by 2030, at a CAGR of 2.5% from 2025 to 2030. The North American TIC market is expanding steadily, driven by stringent regulatory frameworks from the Food and Drug Administration (FDA), Environmental Protection Agency (EPA), Federal Communications Commission (FCC), National Institute of Standards and Technology (NIST), and Occupational Safety and Health Administration (OSHA), as well as increasing product complexity across the automotive, medical device, electronics, and energy sectors. Increasing adoption of connected and software-driven products is accelerating demand for cybersecurity testing, digital validation, and interoperability certification. While large enterprises rapidly adopt advanced TIC solutions, smaller manufacturers face challenges in terms of cost and compliance readiness. Continued digitalization, remote inspection technologies, and EV and sustainability-rel...

  The cellular modem industry size is valued at USD 4.8 billion in 2023 and is anticipated to be USD 12.4 billion by 2028, growing at a CAGR of 20.6% from 2023 to 2028 . The key factors contributing to the growth of the cellular modem industry include High demand for smart home devices, and Strong preference for e-learning and online education. Cellular modems allows students and educators in areas with limited broadband access can participate in online classes, engage in live video lectures, and access interactive learning platforms. By segment, cellular modem industry for embedded cellular modems segment grew at the fastest CAGR during the forecast period. Embedded cellular modems are integrated directly into devices during the manufacturing process. These modems are designed to be integral to various electronic devices, such as smartphones, tablets, laptops, IoT devices, and industrial equipment. Embedded cellular modems provide seamless, always-on connectivity, allowing devic...

  The global Ball valves industry size is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. The ball valves market has witnessed significant growth attributed to increased industrialization, amplified demands from the oil & gas sector, water treatment, and expanding global infrastructure projects. Technological advancements and a focus on efficient fluid control systems have propelled this expansion. By segment, ball valves industry for Stainless steel to hold the largest market share in the year 2022. The global market for stainless steel ball valves has seen significant expansion owing to their enduring nature, resistance to corrosion, and versatility across industries like oil & gas, chemicals, and water treatment. Their reliability has driven heightened demand, establishing them as a crucial component in numerous sectors worldwide. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8088...

  The hardware in the loop industry is estimated to be valued at USD 1,100.8 million in 2025 and is projected to reach USD 1,784.4 million by 2030, growing at a CAGR of 10.1% from 2025 to 2030. The growth of this market can be attributed to the adoption in new application areas such as power electronics and industrial robotics and technological advancements in electric and autonomous vehicles. An increasing trend of software-defined vehicle systems is leading to frequent use of HIL systems for continuous software integration and testing. The growth of Industry 4.0 and smart manufacturing is creating demand for HIL within robotics and industrial automation. The demand for economic evaluation of renewable energy systems and grid-connected inverters will also accelerate the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11343527 Automobile vertical to have largest market size during forecast period . The automobile sector is expected t...

  The global vertical farming industry was valued at USD 5.6 billion in 2024 and is projected to reach USD 13.7 billion by 2029; it is expected to register a CAGR of 19.7% during the forecast period. Agriculture IoT and AI technology, high urbanization, and a push for the necessity of vertical farming by consumers are prominent drivers for the vertical farming market. These factors include; scarcity of land especially one that is suitable for cultivation, climatic change, and an increasing demand for fresh and organically grown fruits and vegetables. Thus, more governments’ support and investment and the concerns about food security, driving the vertical farming industry. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343 Hardware segment to account for the largest market share in the forecasted year. The hardware segment is claimed to have the biggest share in the vertical farm industry owing to their role as a necessity for managing climat...

  The global industrial edge industry is expected to grow from USD 21.19 billion in 2025 to USD 44.73 billion in 2030, with a CAGR of 16.1%. Rising need for real-time data processing, automation, and operational efficiency across manufacturing, energy, healthcare, and transportation propels this growth. Examining data closer to the source, industrial edge computing helps to lower latency, enhance decision-making, and incorporate new technologies such as IoT, artificial intelligence, and machine learning. Under Industry 4.0, these skills are very vital for enabling predictive maintenance, optimizing operations, and supporting smart manufacturing projects. The growth of networked devices and the need to manage massive amounts of data are driving adoption even further as businesses strive to tackle problems like data overload, network congestion, and the need for faster insights. Edge hardware, artificial intelligence-driven analytics, and 5G connectivity are enabling autonomous ope...

  The hydrogen sensor market is projected to reach USD 0.16 billion by 2032 from USD  0.08 billion in 2026, at a CAGR of 12.2% during the forecast period.  The global hydrogen sensor market is experiencing significant growth as the adoption of hydrogen as a clean energy source continues to increase across industries worldwide. This growth spans sectors such as energy, oil & gas, chemicals, automotive, and power generation. A key factor driving this trend is the rising need for reliable hydrogen leak detection to ensure safety, regulatory compliance, and operational efficiency. As a result, industries are increasingly deploying hydrogen sensors across various applications, including hydrogen production plants, storage facilities, pipelines, and fuel cell systems. Furthermore, the integration of IoT-enabled monitoring, AI-driven analytics, and advanced sensing technologies is improving detection accuracy, reducing response times, and enabling scalable safety systems. ...

  The OLED-on-Silicon (OLEDoS) industry is expected to reach USD 2,352 million by 2029 from USD 534 million in 2024 at a CAGR of 34.5%, from 2024 to 2029. Growing adoption of oledos displays in ar/vr hmds, superior picture quality and energy efficiency, increasing demand for high-resolution microdisplays, and increasing investment in the oledos ecosystem are some of the major factors contributing to the growth of OLED-on-Silicon (OLEDoS) market. Moreover, opportunities such as growing consumer electronics industry, advancement in OLED material technology, and expanding applications across various industries to drive the demand of OLED-on-Silicon (OLEDoS) and drive the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200863035 HMDs to dominate the Near-eye display segment of the market during forecast period. Head Mounted Displays (HMDs) account for the largest share in the Near-eye Display segment of the OLED-on-Silicon (OLEDoS) marke...

  The millimeter wave technology industry is projected to grow from USD 3.0 billion in 2024 to USD 7.6 billion by 2029, registering a CAGR of 20.1% during the forecast period. The market growth is increase in broadband and mobile speeds and emergence of autonomous vehicles. Furthermore, rising use of V-band millimeter waves for last-mile connectivity is expected to create lucrative opportunities for the market. The frequency sources & related components segment is expected to account for the largest share of the millimeter wave technology industry in 2024. A prominent industry for millimeter wave technology is that of frequency sources and related components. Devices that produce signals between 30 GHz and 300 GHz are known as oscillator source devices, along with associated components. The types of frequencies used in component manufacture determine how effective the signals produced by millimeter wave systems are. High frequency direct oscillators are frequently insufficien...

  The hardware in the loop industry is estimated to be valued at USD 1,100.8 million in 2025 and is projected to reach USD 1,784.4 million by 2030, growing at a CAGR of 10.1% from 2025 to 2030. The growth of this market can be attributed to the adoption in new application areas such as power electronics and industrial robotics and technological advancements in electric and autonomous vehicles. An increasing trend of software-defined vehicle systems is leading to frequent use of HIL systems for continuous software integration and testing. The growth of Industry 4.0 and smart manufacturing is creating demand for HIL within robotics and industrial automation. The demand for economic evaluation of renewable energy systems and grid-connected inverters will also accelerate the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11343527 Automobile vertical to have largest market size during forecast period . The automobile sector is expected t...

  The hardware in the loop industry is estimated to be valued at USD 1,100.8 million in 2025 and is projected to reach USD 1,784.4 million by 2030, growing at a CAGR of 10.1% from 2025 to 2030. The growth of this market can be attributed to the adoption in new application areas such as power electronics and industrial robotics and technological advancements in electric and autonomous vehicles. An increasing trend of software-defined vehicle systems is leading to frequent use of HIL systems for continuous software integration and testing. The growth of Industry 4.0 and smart manufacturing is creating demand for HIL within robotics and industrial automation. The demand for economic evaluation of renewable energy systems and grid-connected inverters will also accelerate the market growth. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11343527 Automobile vertical to have largest market size during forecast period . The automobile sector is expected t...

  The   wireless testing industry   size is projected to grow from USD 22.6 billion in 2024 to USD 34.1 billion by 2029, registering a CAGR of 8.6% during the forecast period. The market growth is attributed to Advancements in wireless technology and gowing popularity of automated cars. Furthermore, the adoption of Wi-Fi 6 (802.11ax) and Wi-Fi 6E with enhanced wireless capabilities, including high data rates and improved efficiency  is expected to create lucrative opportunities for the market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128820153 By segment, wireless testing industry for Wireless network testing by equipment segment is expected to account largest share in 2024. The wireless network testing segment is a significant market for wireless testing. Presently, networks of enterprises and service providers have become highly complex and pervasive, owing to the presence of different business applications and systems. ...

  Immersive VR Market Summary The global  immersive virtual reality market  is witnessing significant expansion as industries increasingly adopt advanced virtual environments for entertainment, enterprise collaboration, healthcare, education, defense, and industrial training. The global Immersive VR Market was valued at USD 10.1 billion in 2024 and is projected to grow from USD 18.79 billion in 2025 to USD 34.9 billion by 2029, at a CAGR of 28.0% during the forecast period. The growing integration of artificial intelligence, IoT-enabled connected devices, cloud computing, edge processing, and automation technologies is accelerating immersive VR adoption across commercial and consumer ecosystems. Businesses are utilizing immersive VR solutions to improve operational efficiency, reduce training costs, enhance customer engagement, and enable digital transformation initiatives. The rising popularity of metaverse platforms, spatial computing, haptic technologies, and AI-driven...