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Showing posts with the label Semiconductors

The Global Oscilloscope Market Growth Accelerated By Rising Demand For Portable Devices

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  Oscilloscopes are electronic test instruments that allow visualization and measurement of electronic signals. These oscilloscopes have numerous applications in industrial electronics, automotive, and consumer electronics sectors for testing, fault finding, and repair of electronic devices and circuits. Oscilloscopes provide various advantages like easy operation, compact size, portability, and high-resolution imaging. The growing consumer electronics industry and rising demand for portable devices is driving the need for compact and portable oscilloscopes. The Global Oscilloscope Market Size is estimated to be valued at US$ 2662.32 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for portable and wireless oscilloscopes is growing rapidly owing to their advantages like compact size, easy transportability, and wireless connectivity. Ma...

The Global Radio Frequency Generator Market Growth Accelerated By Rising Demand From Medical Industry

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  Radio frequency generators are important medical devices used for various diagnostic as well as therapeutic applications. Radio frequency generators produce alternating electric current oscillating at radio frequencies that are used for applications like radio frequency ablation procedures to treat solid tumors of the liver, kidneys, bones and soft tissues. There is growing prevalence of chronic illnesses like cancer, obesity and cardiovascular diseases worldwide creating significant demand for advanced medical technologies like radio frequency generators. The Global Radio Frequency Generator Market Size is estimated to be valued at US$ 1.44 Mn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the radio frequency generator market is driven by rising demand from the medical industry. Radio frequency technology has emerged as a viable ...

Residential Battery Market Poised for Growth

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  Residential battery systems provide backup power supply to households in case of power outages by storing energy from solar panels or the electric grid. They help reduce reliance on fossil fuels and lower electricity bills through self-consumption of solar energy. The growing emphasis on renewable energy along with the declining costs of lithium-ion batteries is spurring demand for residential battery storage. The global residential battery market is estimated to be valued at US$ 15.59 Bn in 2023 and is expected to exhibit a CAGR of 9.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing installation of solar rooftop panels is one of the key drivers of the residential battery market. Solar energy harnesses the power of the sun to provide electricity for homes. Combining solar panels with batteries allows households to store excess solar energy during the day and use it after sunset...

Electric Vehicles Is Fastest Growing Segment Fueling The Growth Of Lead Acid Battery Market

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  The global Lead Acid Battery Market is estimated to be valued at US$ 55.61 Bn in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Lead acid batteries have widespread applications across various industries. They have low cost of manufacturing and high reliability which makes them suitable for starting, lighting and ignition applications in automotive as well as backup power in UPS systems. Market key trends: One of the key trends driving the growth of the lead acid battery market is increasing adoption of electric vehicles.stringent emission norms across the globe are driving demand for electric vehicles.Lead acid batteries are widely used in electric vehicles currently due to their cost effectiveness. However, with falling prices of lithium ion batteries their share is expected to decline. Nonetheless, lead acid batteries will continue to have strong de...

Passive Electronic Components: Fastest Growing Segment Fueling Growth in Passive Electronic Components Market

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  The global Passive Electronic Components Market is estimated to be valued at US$ 36.16 Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Passive electronic components are basic building blocks for any electronic circuit design. They include resistors, capacitors, inductors, and transformers. These components regulate signal strength in circuits and prevent failures of electronic devices. Market key trends: One of the key trends driving the growth of the passive electronic components market is the increasing demand for miniaturized electronic components owing to the need for compactness in modern electronic devices and components. With rising demand for portable and hand-held electronic devices, there is a need to reduce the form factor of electronic components. Miniaturization allows integration of multiple electronic circuits and components i...

Fuses Are Fastest Growing Segment Fueling The Growth Of The Global Circuit Protection Market

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  The global Circuit Protection Market is estimated to be valued at US$ 47.02 Bn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The circuit protection market comprises devices such as fuses, circuit breakers, electro–mechanical relays, and varistors that are installed in electrical distribution and transmission systems to safeguard and secure electrical circuits from current surges, short circuits, and overloads. Fuses in particular are small and reset automatically, making them suitable for low-voltage household applications. Market key trends: One of the key trends in the circuit protection market is the growing adoption of miniature circuit protection devices. Component miniaturization has become critical for equipment manufacturers to reduce device footprint and optimize space utilization. Miniature circuit protection devices offering equivalen...