The global market for Load Break Switch was valued at US$ 2144 million in the year 2024 and is projected to reach a revised size of US$ 2983 million by 2031, growing at a CAGR of 4.9% during the forecast period.
The refurbishment of aging electrical infrastructure and increasing investment in power distribution sector have boosted the demand for load break switches.
North American market for Load...
The global market for Plant LED Grow Light was valued at US$ 1705 million in the year 2024 and is projected to reach a revised size of US$ 4138 million by 2031, growing at a CAGR of 13.7% during the forecast period.
LED grow light is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. In the absence of...
The global market for LED Displays, Lighting and Fixtures was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
LED display is a flat panel display consisting of small LED module panels used to display text, images, video, video signals and other information.
Technology advancements to pioneer h...
The global market for Large Format Display (LFD) was valued at US$ 10330 million in the year 2024 and is projected to reach a revised size of US$ 13280 million by 2031, growing at a CAGR of 3.7% during the forecast period.
Increasing innovation in direct-view fine-pixel LED displays and their technological advantages driving the LFD market growth.
North America is expected to continue to hold the...
The global market for High Dynamic Range was valued at US$ 25020 million in the year 2024 and is projected to reach a revised size of US$ 75110 million by 2031, growing at a CAGR of 17.3% during the forecast period.
The High Dynamic Range Market is driven by factors such as the growing demand for large screen displays, rise in the photography industry, and economies of scale results into less expe...
The global market for Wearable Display was valued at US$ 3065 million in the year 2024 and is projected to reach a revised size of US$ 9437 million by 2031, growing at a CAGR of 17.7% during the forecast period.
Increased use of flexible OLED displays in smartwatches and rising demand for OLED displays for use in smart wearable devices to drive the growth of the wearable display market.
The wearab...
The global market for GPS Tracking Device was valued at US$ 2192 million in the year 2024 and is projected to reach a revised size of US$ 3974 million by 2031, growing at a CAGR of 9.0% during the forecast period.
GPS Tracking Device uses GPS satellite positioning terminals to accurately locate, track, monitor and prevent theft.
Transportation & logistics to hold the largest share of the overall G...
The global market for GPS Receiver was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Some of the key factors driving this market are the ongoing developments to improve the overall GPS infrastructure, availability of more cost-effective GPS solutions, and technological advancements in GPS au...
The global market for DC-DC Converters was valued at US$ 3758 million in the year 2024 and is projected to reach a revised size of US$ 4111 million by 2031, growing at a CAGR of 1.3% during the forecast period.
DC/DC converter is a voltage converter that can effectively output fixed voltage after converting the input voltage.
On the basis of product type, the isolated segment is projected to lead...
The global market for G.Fast Chipset was valued at US$ 2692 million in the year 2024 and is projected to reach a revised size of US$ 44420 million by 2031, growing at a CAGR of 50.0% during the forecast period.
The growing market for fixed broadband has also led to increased competition among the fixed Internet services providers (ISPs).
Following a strong growth of 26.2 percent in the year 2021,...
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