An electric power system is a network of electrical components used to supply, transfer, and use electric power. Electrical systems & components include devices such as switch gears, controls, cables, and circuit breakers am ....see more
The global Infrared detector market is expected to grow from USD 535 million in 2023 to USD 751 million by 2028, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The Key Players Excelitas Technologies Corp. (US), Hamamatsu Photonics K.K. (Japan), Murata Manufacturing Co., Ltd. (Japan), Teledyne FLIR LLC (US), and Nippon Ceramic Co., Ltd. (Japan), Texas Instruments Incorporated (US), OMRON Corporation (Japan), InfraTec GmbH (Germany), Lynred (France), and TE Connectivity (Switzerland).
The global building information modeling market is expected to grow from USD 7.9 billion in 2023 to USD 15.0 billion by 2028, at a compound annual growth rate (CAGR) of 13.7% during the forecast period.The Key Players Autodesk Inc. (US); Nemetschek Group (Germany); Bentley Systems (US); Trimble Inc. (US); Dassault Systèmes (France); Schneider Electric (France); Asitev (UK); Procore Technologies, Inc. (US); Hexagon (Sweden); Archidata Inc. (Canada).
The Isostatic pressing market is expected to grow from USD 8.1 billion in 2023 to USD 11.7 billion by 2028, at a compound annual growth rate (CAGR) of 7.6% during the forecast period.The Key players Kobe Steel, Ltd. (Japan), Bodycote (UK), Kennametal, Inc. (US), Nikkiso., Ltd. (Japan), DORST Technologies GmbH & Co. KG (Germany), American Isostatic Presses, Inc (US), EPSI (US), Pressure Technology, Inc. (US), Shanxi Golden Kaiyuan Co., Ltd. (China).
The precision livestock farming market is expected to grow from USD 6.9 billion in 2023 to USD 11.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.2% during the forecast period.The major players DeLaval (Sweden), Allflex Livestock Intelligence (US), GEA Farm Technology (GEA Group) (Germany), Afimilk (Israel), and Lely International (Netherlands).
The TDLA market is expected to grow from USD 496 million in 2023 to USD 795 million by 2030, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.Thekey Yokogawa Electric Corporation (Japan), SICK AG (Germany), ABB (Switzerland), Servomex Limited (UK), SpectraSensors (US), Emerson Electric Co. (US), and AMETEK Inc. (US) Siemens (Germany) and METTLER TOLEDO (Switzerland).
The Haptic Technology market is expected to grow from USD 4.2 billion in 2023 to USD 5.0 billion by 2028, at a compound annual growth rate (CAGR) of 3.7% during the forecast period.The key players such as Texas Instruments Incorporated (US), Johnson Electric Holdings Limited (China), AAC Technologies (China), TDK Corporation (Japan), Microchip technologies Inc. (US), Immersion (US), Semiconductor Components Industries, LLC (US), Precision Microdrives (UK), and Synaptic Incorporated (US), and ultraleap (UK).
The global RTLS market for healthcare market is expected to grow from USD 2.0 billion in 2023 to USD 5.8 billion by 2028, at a compound annual growth rate (CAGR) of 23.5% during the forecast period.The key players Securitas Healthcare, LLC (US), Zebra Technologies Corporation (US), Aruba Networks (US), Impinj, Inc. (US), Savi Technology (US), TeleTracking Technologies, Inc. (US), CenTrak, Inc. (US), Advantech Co., Ltd. (Taiwan), and GE HealthCare Technologies Inc. (US).
The industrial agitators market is expected to grow from USD 2.6 billion in 2023 to USD 3.2 billion by 2028, at a compound annual growth rate (CAGR) of 4.0 % during the forecast period.The key players such as SPX Flow, Inc. (US), Xylem Inc. (US),Ekato Group (Germany), Sulzer Ltd. (Switzerland) and NOV Inc (US).
The surface mount technology (SMT) market is expected to grow from USD 5.8 billion in 2023 to USD 8.4 billion by 2028, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The key players Fuji Corporation (Japan), Mycronic AB (Sweden), Nordson Corporation (US), Viscom AG (Germany), KLA Corporation (US), Juki Corporation (Japan), Hitachi High-Technologies Corporation (Japan), ASM Assembly Systems (Germany), Yamaha Motor (Japan), and Saki Corporation (Japan).
The IO-Link market is expected to grow from USD 13.6 billion in 2023 to USD 33.9 billion by 2028, at a compound annual growth rate (CAGR) of 20.0% during the forecast period.The Key Players Siemens AG (Germany), Rockwell Automation, Inc. (US); OMRON Corporation (Japan); Hans Turck GmbH & Co. KG (Germany); Balluff GmbH (Germany); ifm electronic GmbH (Germany); Pepperl+Fuchs (Germany); SICK AG (Germany); Festo SE & Co. KG (Germany); SMC Corporation (Japan).
The global AI in computer vision market is expected to grow from USD 17.2 billion in 2023 to USD 45.7 billion by 2028, at a compound annual growth rate (CAGR) of 21.5% during the forecast period.The Key Players NVIDIA Corporation (US), Intel Corporation (US), Microsoft (US), IBM Corporation (US), Qualcomm Technologies Inc. (US), Advanced Micro Devices, Inc (US), Alphabet, Inc. (US), Amazon (US), Basler AG (Germany), Hailo (US), and Groq, Inc. (US). The other company profiles included in the scope are Sighthound, Inc. (US), Neurala, Inc. (US), Datagen (Israel), Graphcore (UK), Groopic (US), Ultraleap (US), Algolux (US), Athena Security (US), Snorkel AI (US), Vizseek (US), Robotic Vision Technologies (US), AMP Robotics (US), CureMetrix (US), and Creative Virtual (UK) .
The global electronic shelf labels market is expected to grow from USD 1.5 billion in 2023 to USD 2.8 billion by 2028, at a compound annual growth rate (CAGR) of 13.8% during the forecast period.The key players such as SES-imagotag (France), SoluM Co., Ltd. (South Korea), Pricer AB (Sweden), Displaydata Limited (UK), Teraoka Seiko Co., Ltd. (DIGI Group) (Japan), M2COMM (Taiwan), Opticon Sensors Europe B.V. (Netherlands), RAINUS (South Korea), Shanghai SUNMI Technology Co., Ltd. (China), and Hanshow Technology (China).
The Next-Generation Data Storage market is expected to grow from USD 60.7 billion in 2023 to USD 86.2 billion by 2028, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.The Key Players Dell Technologies Inc. (US), HPE (US), NetApp, Inc. (US), Huawei Technologies Co., Ltd. (China), Pure Storage, Inc. (US), Hitachi Ltd. (Japan), Fujitsu Ltd. (Japan), IBM Corporation (US), DataDirect Networks (US), and MicronTechnology Inc. (US). Apart from these, Cloudian (US), Drobo, Inc. (US), Quantum Corp. (US), Western Digital Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Nutanix (US), Seagate Technology LLC (US), Scality (US), NETGEAR, Inc. (US), Inspur Group (China), SK Hynix (South Korea), LucidLink (US), DataCore (US), KIOXIA Holdings Corp. (Japan), and Infinidat (US).
The global exoskeleton market is expected to grow from USD 0.7 billion in 2023 to USD 3.7 billion by 2028, at a compound annual growth rate (CAGR) of 38.6% during the forecast period.The Major Players CYBERDYNE INC. (Japan), Lockheed Martin Corporation (US), Ottobock (Germany), Ekso Bionics (US), DIH Medical (China), Sarcos Technology and Robotics Corporation (US), BIONIK (US), and B-Temia (Canada).
The global intelligent transportation system (ITS) market is expected to grow from USD 47.8 billion in 2023 to USD 67.2 billion by 2028, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.The Key Players Siemens AG (Germany); Hitachi, Ltd. (Japan); Cubic Corporation (US); Conduent Incorporate (US); Kapsch TrafficCom AG (Austria); Teledyne Technologies Incorporated (US); Denso Corporation (Japan); Indra Sistemas, S.A. (Spain); Garmin Ltd. (US); and TomTom International BV (Netherlands).
The 3D metrology market is expected to grow from USD 11.2 billion in 2023 to USD 16.4 billion by 2028, at a compound annual growth rate (CAGR) of 8.0% during the forecast period.The major players Hexagon AB (Sweden), FARO Technologies, Inc. (US), Keyence Corporation (Japan), Jenoptik AG (Germany), Nikon Corporation (Japan), Mitutoyo Corporation (Japan), ZEISS Group (Germany), KLA Corporation (US), Perceptron, Inc. (US), Renishaw plc (UK), Creaform (Canada), Baker Hughes Company (US), CyberOptics Corporation (US), Trimble, Inc. (US), 3D Systems, Inc. (US), Automated Precision, Inc. (US), and Metrologic Group (France).
The photovoltaic market is expected to grow from USD 96.5 billion in 2023 to USD 155.5 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% during the forecast period.Tha Key players JinkoSolar (China), JA Solar (China), Trina Solar (China), LONGi (China), Canadian Solar (Canada), First Solar (US), Hanwha Q CELLS (South Korea), Wuxi Suntech Power (China), Sharp (Japan), Mitsubishi Electric (Japan), ABB (Switzerland), Huawei (China), SMA Solar Technology (Germany), Sungrow Power Supply (China). Array Technologies (US), Chint Solar (China), GCL System Integration Technology (China), NEXTracker (US), Risen Energy (China), Tongwei Solar (China), Eaton Corp. (Ireland), LG Electronics (South Korea), Power Electronics (Spain), Fimer (Italy), AllEarth Renewables (US), Emmvee Photovoltaic Power Private Limited (India), ShunFeng International Clean Energy (China), Waaree Energies Ltd. (India) and Yingli Solar (China).
The data converter market is expected to grow from USD 5.5 Billion in 2023 to USD 7.4 Billion by 2028, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.The key players Texas Instruments (US), Analog Devices (US), Skyworks Solutions, Inc. (US), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), Qorvo, Inc. (US), NXP Semiconductor (Netherlands), ON Semiconductor (US), Microchip Technology (US), Renesas Electronics Corporation (Japan).
The global thin client market is expected to reach USD 1.7 billion by 2028 from an estimated USD 1.5 billion in 2023, growing at a CAGR of 3.1% during the forecast period from 2023 to 2028. The major players in the thin client market are HP (US), Dell Technologies (US), Centerm (China), IGEL (Germany), and Fujitsu (Japan), among others. The other companies profiled in the report are NComputing (US), Samsung (South Korea), LG Electronics (South Korea), Advantech Co., Ltd. (Taiwan), Lenovo (Hong Kong), Acer (Taiwan), Intel (US), 10ZiG (US), Siemens (Germany), Chip PC (Israel), Clearcube Technology (UK), VXL Technology (UK), Stratodesk Corp (US), OnLogic (US), Clientron Corp. (Taiwan), Arista Corporation (US), Thinvent (India), Seal Technologies (India), Atrust (Taiwan) and, Praim (Italy).
The global surface inspection market is expected to grow from USD 4.0 billion in 2023 to USD 5.9 billion by 2028, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The Key players ISRA VISION (Germany), Cognex (US), OMRON (Japan), Teledyne Technologies (US), and Keyence (Japan).
The industrial ethernet market is expected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period.The Key Players Cisco (US), Siemens (Germany), Rockwell Automation (US), OMRON (Japan), Moxa (Taiwan), Belden( US), Huawei Technologies (China), SICK (Germany), Schneider Electric (France), and ABB (Switzerland), GE Grid Solutions (France), Advantech (Taiwan), HMS Networks (Sweden), IFM Electronics (Germany), Weidmuller (Germany), Patton (US), Beckhoff Automation (Germany), Honeywell (US), AAEON (Taiwan), Turck (Germany), Bosch Rexroth (Germany), Hitachi (Japan), Ericsson (Sweden), Mitsubishi Electric (Japan) and Chaos Prime (US).
The global thermal management market is expected to grow from USD 10.7 billion in 2022 to USD 19.3 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The Key Players Henkel (Germany), Honeywell International Inc. (US), Vertiv Co (US), Delta Electronics, Inc. (Taiwan), Parker Chomerics (US), TAT Technologies Ltd. (Israel), Autoneum Holding AG (Switzerland), Boyd (US), European Thermodynamics Ltd. (UK), and Laird Thermal Systems (US).
The global focused ion beam market is expected to grow from USD 1.3 billion in 2023 to USD 1.8 billion by 2028, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The Key Players Thermo Fisher Scientific Inc. (US); ZEISS International (Germany); Hitachi, Ltd. (Japan); JEOL Ltd. (Japan); TESCAN ORSAY HOLDING, a.s. (Czech Republic); Eurofins Scientific (Luxembourg); A&D Company, Limited (Japan); Veeco Instruments Inc. (US); Raith GmbH (Germany); and FOCUS GmbH (Germany).
The global hardware encryption market is expected to grow from USD 271 million in 2021 to USD 357 million by 2027, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The Key Players Western Digital Technologies, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Micron Technology, Inc. (US), Kingston Technology Corporation (US), Seagate Technology Holdings PLC (US), NetApp, Inc. (US), KIOXIA Holdings Corporation (Japan), Kanguru Solutions (US), Intel Corporation (US), WinMagic Inc. (Canada), Maxim Integrated Products, Inc. (US), Thales e-Security, Inc. (US), McAfee, LLC (US), Broadcom Inc. (US).
The encoder market is expected to grow from USD 2.7 billion in 2022 to USD 4.3 billion by 2027, at a compound annual growth rate (CAGR) of 9.7% during the forecast period.The Key players Renishaw plc (UK), HEIDENHAIN (Germany), FRABA B.V. (The Netherlands), Sensata Technologies Holding plc (US), ifm electronics gmbh (Germany), Mitutoyo Corporation (Japan), Pepperl+Fuchs SE (Germany), Fortive (US), maxon motor ag (switzerland), Balluff Inc. (Germany). Pilz GmbH & Co. KG (Germany), Tamagawa Seiki Co., Ltd. (Japan), FAULHABER Group (Germany), Baumer Group (Switzerland), Koyo Electronics Industries Co., Ltd. (Japan).
The iris recognition market is expected to grow from USD 3.7 billion in 2022 to USD 8.4 billion by 2027, at a compound annual growth rate (CAGR) of 15.4% during the forecast period.The Key Players Thales (France), IDEMIA (France), HID Global Corporation (US), Iris ID, Inc. (US), IriTech, Inc. (US), IrisGuard Ltd. (UK), EyeLock LLC (US), NEC Corporation (Japan), Princeton Identity (US), and CMITech Company, Ltd. (Korea).
The smart container market is expected to grow from USD 3.9 billion in 2022 to USD 9.7 billion by 2027, at a compound annual growth rate (CAGR) of 19.6% during the forecast period.The Major Players MSC (US), Sealand – A Maersk Company (US), Globe Tracker (Denmark), Traxens (France), ORBCOMM (US), Shenzhen CIMC Technology Co., Ltd. (China), and Berlinger & Co. ApS (Switzerland).
The global milking automation market is expected to grow from USD 1.0 Billion in 2022 to USD 1.5 Billion by 2027, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.The Key Players DeLaval (Sweden), Afimilk Ltd. (Israel), GEA Group (Germany), Nedap N.V. (Netherlands), Allflex Livestock Intelligence (US), BouMatic (US), Waikato Milking Systems (New Zealand), Dairymaster (Ireland), and BECO Dairy Automation Inc. (US).
The global outdoor LED lighting market is expected to grow from USD 25.7 billion in 2022 to USD 51.5 billion by 2027, at a compound annual growth rate (CAGR) of 14.9% during the forecast period.The Key Players Signify Holding (Netherlands), Acuity Brands Lighting, Inc. (US), Cree Lighting (US), Dialight (UK), and Panasonic Corporation (Japan).
The global Data Center Accelerator market is expected to grow from USD 21.2 billion in 2022 to USD 64.0 billion by 2027, at a compound annual growth rate (CAGR) of 24.7% during the forecast period.The Key Players Intel Corporation (US), NVIDIA Corporation (US), Advanced Micro Devices, Inc (US), Micron Technology, Inc. and Qualcomm Technologies, Inc. (US), Google (US), IBM Corporation (US), Marvell (US), Achronix Semicondictor Corporation (US), Dell Inc. (US), Graphcore (UK), Huawei Technologies (China), Fujitsu (Japan), Wave Computing (US), SambaNova Systems, Inc. (US), Gyrfalcon Technology Inc. (US), NEC Corporation (Japan), Lattice Semiconductor (Oregon), Enflame Technology (China), Microchip Technology Inc. (Arizona), LeapMind Inc. (Japan), QNAP Systems, Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Semptian (China), Cisco Systems, Inc. (US).
The DOAS market is expected to grow from USD 3.9 billion in 2022 to USD 5.9 billion by 2027, at a compound annual growth rate (CAGR) of 8.8% during the forecast period.The Key Players Johnson Controls (Ireland), Trane Technologies (Ireland), Carrier Global (US), Daikin (Japan), Mitsubishi Electric (Japan), LG Electronics (South Korea), Samsung Electronics (South Korea), and Greenheck Fan (US).
The utility locator market is expected to grow from USD 833 million in 2022 to USD 1,109 million in 2027, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.The Key Players Rigid tool company (US), Ditch Witch (The Charles Machine works) (US), Leica Geosystems AG (US), Vivax-Metrotech Corporation (US), 3M(US), USIC LLC (US), MultiVIEW Locates Inc. (Canada), and Ground penetrating radar (US).
The FPGA market is expected to grow from USD 8.0 billion in 2022 to USD 15.5 billion by 2027, at a compound annual growth rate (CAGR) of 14.2% during the forecast period.The Key Players Xilinx, Inc. (Advanced Micro Devices, Inc.) (US), Intel Corporation (US), Microchip Technology Inc. (US), Lattice Semiconductor Corporation (US), Achronix Semiconductor Corporation (US), QuickLogic Corporation (US), Efinix, Inc. (US), Flex Logix Technologies, Inc. (US), GOWIN Semiconductor Corporation (China), and S2C (China) Renesas Electronics Corporation (Japan), AGM Microelectronics (China), Shanghai Anlu Information Technology Co., Ltd. (China), Shenzhen Ziguang Tongchuang Electronics Co., Ltd. (China), Xi'an Zhiduoji Microelectronics Co., Ltd. (China), LeafLabs, LLC (US), Aldec, Inc. (US), and Mistral Solutions Pvt. Ltd. (India).
The global Hardware security module market is expected to grow from USD 1.1 Billion in 2022 to USD 2.0 Billion by 2027, at a compound annual growth rate (CAGR) of 13.1% during the forecast period.The key players Thales (France), Utimaco (Germany), Futurex (US), IBM (US), STMicroelectronics (Switzerland), ATOS SE (France), Yubico (US), Infineon Technologies (Germany), Microchip Technology (US), and Swift (Belgium).
The cryostat market is expected to grow from USD 2.2 billion in 2022 to USD 2.8 billion by 2027, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.The Key Players Leica Biosystems (Germany), Cryomech Inc. (US), Amos Scientific (Australia), MEDITE (Germany), Bright Instruments (UK), Dakewe Medical (China), Jinhua YIDI Medical Appliance Co., Ltd. (China), SLEE Medical GmbH (Germany), Advanced Research Systems (US), Lake Shore Cryotronics (US), Epredia (US), SM Scientific Instruments (India), Medimeas (India), Hacker Instruments & Industries (US), Boeckeler Instruments Inc. (US), Histo-line Laboratories (Italy), Lupetec (Brazil), SciLab Co. Ltd. (France), Cryofab, Inc. (US), Precision Cryogenics (US), attocube systems AG (Germany), AMETEK Scientific Instruments (US), Mirion Technologies (Georgia), BIOBASE (Germany), and Sipcon Instrument Industries (India).
The global household robots market is expected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a compound annual growth rate (CAGR) of 16.0% during the forecast period.The Key Players iRobot Corporation (US), Ecovacs Robotics Co., Ltd. (China), Xiaomi Corporation (China), Maytronics, Ltd. (Israel), Samsung Electronics Co., Ltd. (South Korea), Neato robotics, Inc. (US), Dyson Limited (Singapore), LG Electronics Inc. (South Korea), LEGO A/S (Denmark), Hayward Holdings, Inc. (US).
The LiDAR Drone market is expected to grow from USD 147 million in 2022 to USD 508 million in 2027, at a compound annual growth rate (CAGR) of 22.9% during the forecast period.The prominent players Phoenix LiDAR Systems (US), Teledyne Optech (Canada), Velodyne LiDAR, Inc. (US), and Geodetics, Inc. (US).
The inductor market is expected to grow from USD 5.1 billion in 2022 to USD 7.0 billion by 2027, at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The Key players Murata Manufacturing (Japan), TDK (Japan), Vishay Intertechnology (US), TAIYO YUDEN (Japan), Chilisin Electronics (Taiwan), Delta Electronics (Taiwan), Panasonic (Japan), ABC Taiwan Electronics (Taiwan), Pulse Electronics (US), Coilcraft (US), Shenzhen Sunlord Electronics (China), Bourns (US). Apart from these, Sumida (Japan), ICE Components (US), Bel Fuse (France), Falco Electronics (Mexico), GCi Technologies (US), Würth Elektronik (Germany), Kyocera AVX (US), Samsung Electro-Mechanics (South Korea), Inductor Supply Inc. (US), Gowanda Electronics (US), Token Electronics (Taiwan), TT Electronics (UK), Laird Technologies (US), Johanson Technology (US), Zhenhua Electronics (China).
The global video encoders market is expected to grow from USD 2.3 billion in 2022 to USD 3.3 billion by 2027, at a compound annual growth rate (CAGR) of 7.6% during the forecast period.The Major Players Hikvision (China), VITEC (France), Harmonic (US), Motorola Solutions (US), and CISCO (US).
The global IT Asset Disposition Market is expected to grow from USD 15.5 billion in 2022 to USD 23.5 billion by 2027, at a compound annual growth rate (CAGR) of 8.7% during the forecast period.The key players Dell Technologies (US), Hewlett Packard Enterprise (US), IBM (US), Sims Limited (Australia), Iron Mountain (US), 3Step IT(Finland), TES (Singapore), and Apto Solutions (US).
The microphone market is expected to grow from USD 2.3 billion in 2022 to USD 3.4 billion by 2027, at a CAGR of 8.2% during the forecast period. Knowles Corporation (US), AAC Technologies (China), TDK Corporation (Japan), Goertek (China), STMicroelectronics (Switzerland), ZillTek Technology (Taiwan), Infineon Technologies (Germany), BSE (South Korea), Hosiden Corporation (Japan), and Gettop Acoustic (China) are among a few of the players in the microphone market.
The Electronic toll collection market size is projected to reach USD 11.4 billion by 2027, the 6.5% rate during the forecast period. Kapsch TrafficCom AG (Austria), Conduent, Inc. (US), EFKON GmbH (Austria), TransCore (US), Thales (France), Raytheon Technology Corporation (US), Cubic Corporation (US), and Siemens (Germany) are the key players in the Electronic toll collection market. These players are increasingly undertaking strategies such as product launches and development, expansions, partnerships, contracts, and acquisitions to increase their market share.
The terminal block market is expected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027, at a CAGR of 5.7% during the forecast period. Major companies operating in this terminal block market include WAGO Kontakttechnik GmbH & Co. KG (Germany), TE Connectivity (Switzerland), and Weidmüller Interface GmbH & Co. KG (Germany).
The Hearth Market is expected to grow from USD 9.3 billion in 2021 to USD 14.8 billion by 2027, at a CAGR of 7.7% during the forecast period. HNI Corporation (US); Glen Dimplex (Ireland); Napoleon (Canada); Travis Industries (AXIS Industrial Holdings, Inc.) (US); HPC Fire Inspired (US); Montigo (Canada); Stove Builder International (SBI) (Canada); Innovative Hearth Products (US); Empire Comfort Systems (US); GHP Group Inc (US) are some of the key players in the hearth market.
The microgrid market is expected to grow from USD 26.9 billion in 2022 to USD 63.2 billion by 2027, at a CAGR of 18.6% during the forecast period. Key players in the microgrid market include Schneider Electric (France), General Electric (US), Siemens (Germany), Eaton Corporation (US), ABB (Switzerland), Honeywell International Inc. (US), Hitachi Energy (Switzerland), HOMER Energy (US), S&C Electric (US), and Power Analytics (US).
The Ground Penetrating Radar Market is expected to grow from USD 315 million in 2022 to USD 453 million by 2027, at a CAGR of 7.5% during the forecast period. The Major Player includes Hexagon AB (Sweden), SPX Corporation (US), Geophysical Survey Systems, Inc. (US), Guideline Geo (Sweden), and Chemring Group PLC (UK).
The global intelligent power module market size is projected to reach USD 3.0 billion by 2027, at a CAGR of 10.7% during the forecast period. Mitsubishi Electric (Japan), ON Semiconductor(US), Infineon Technologies(Germany), Fuji Electric(Japan), and Semikron (Germany) are the top five players in the intelligent power module market globally.
The outdoor power equipment market is expected to grow from USD 26.4 billion in 2021 to USD 35.8 billion by 2026, at a CAGR of 6.3% during the forecast period. Major companies operating in the outdoor power equipment market include Briggs & Stratton (US), Deere & Company (US), HONDA (Japan), Husqvarna (Sweden), Makita (Japan), Robert Bosch (Germany), Stanley Black & Decker (US), STIHL Group (Germany), Techtronic Industries (TTI) (Hong Kong), and The Toro Company (US).
According to MarketsandMarkets, the thermoelectric modules market is projected to reach USD 1,054 million by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Major vendors in the thermoelectric modules market include Ferrotec (Japan), Laird Thermal Systems (US), II-VI Incorporated (US), Kelk (Japan), Guangdong Fuxin Technology (China), TE Technology (US), TEC Microsystems (Germany), Crystal (Russia), Kryotherm (Russia), and Phononic (US).
The European smart home market size is projected to reach USD 41.2 billion by 2027, at a market growth of 9.0% during the forecast period. The European smart home market is dominated by a few globally established players such as Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Schneider Electric (France), ASSA ABLOY (Sweden), Amazon (US), Apple (US), ADT (US), Robert Bosch (Germany), ABB (Switzerland), and Axis Communications (Sweden).