The global optoelectronics market was stood at US$ 4.57 Bn in the year 2018 and expected to reach US$ 11.84 Bn by the year 2027, expanding at a CAGR of 11.2% during the forecast from 2019 to 2027. Significant disruptions in electronic devices over the recent past along with the rising trend of renewable energy sources has triggered the growth of optoelectronics market.
The global portable charging units market is growing rapidly, expected to grow at a CAGR of 18.7% throughout the projected period from 2019 to 2027, starting from US$ 11.47 Bn in 2018. The surge in capacity requirements coupled with the growing adoption of wearable devices is expected to drive the global portable charging units market over the forecast period.
The global DSL tester market is growing competently, anticipated to grow at a CAGR of 6.4% during the projected period from 2019 to 2027, starting from US$ 1.05 Bn in 2018. The growing usage of the internet today’s life is swiftly fuelling the growth of the DSL tester market globally. Rise in population and increasing technological developments in the arena of the internet is driving the demand for digital subscriber line (DSL) among internet service suppliers.
Globally, the LED desk lamp market is expected to grow with a CAGR of 14.5% during the forecast period from 2019 to 2027, starting from US$ 4.55 Bn in 2018. The growth of the market is driven by the increasing adoption of the energy efficient lamps across the globe. Over the past decade, a rapid surge in the demand of the energy efficient lamps has been witnessed.
The global spark plugs market is poised to reach US$ 10.98 Bn by 2027, expanding at a CAGR of 5.7% during the forecast period from 2019 to 2027. Rising sales and production of automotive vehicles, introduction and development of advanced spark plugs, and growing trend of environment friendly spark plugs is expected to boost the demand for spark plugs.
The combi ovens market worldwide is likely to grow with a CAGR of 10.6% throughout the forecast period from 2019 to 2027. Continued growth in the food industry is the major driving factor for combi ovens market. Combi ovens are designed with all the three techniques (convection, steam and both) in one machine for cooking. Growing penetration of microwave ovens is also one of the promising factors driving the combi ovens market.
The UAV chips market worldwide is expected to grow with a CAGR of 9.6% during the forecast period from 2019 to 2027, starting from US$ 2.7 Bn in 2018. Unmanned aerial vehicle is a non-human pilot or passenger aircraft. UAVs — sometimes referred to as drones — may be fully or partially autonomous, but a human pilot controls them more often remotely. The chips used in these UAVs are called UAV chips. These chips are made from silicon and other semiconductor devices. There has been an increasing demand for such chips especially since the launch of several safety norms led by the government or other safety authorities.
The global gaming laptops market worldwide is expected to grow with a CAGR of 21.6% during the forecast period from 2019 to 2027, starting from US$ 18.1 Bn in 2018. Because e-sports create an ecosystem for viewers to experience real-life gaming, there has been a significant increase in e-sports market growth in recent years. In addition, the huge amount of prize money involved in the different gaming tournaments that create high career prospects for gamers is increasing the number of gamers that aspire to become professional gamers.
The global outdoor thermometer market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, starting from US$ 0.32 Bn in 2018. An outdoor thermometer provides outdoor temperature measurement. Usually used outside the house, these outdoor thermometers are also used in some installations such as heat & power plants, heat pumps, ventilation heating and air conditioning as well as cooling technology.
The Micro LED market worldwide is expected to grow with a CAGR of 81.9% during the forecast period from 2019 to 2027, starting from US$ 0.58 Bn in 2018. A developing flat display technology is called a micro-LED display, which provides invincible contrasts as well as supreme energy efficiency via microscopic LED arrays. It operates on the gallium nitride principle, which delivers extraordinary brightness, even more than an OLED display. Micro-LED display provides 30 times higher brightness and invincible efficiency than conventional OLED displays.
Consumer Electronics Market Research Reports
Few industries are observing growth that can be compared with the consumer electronics sector. Market analysts predict that the value of the worldwide consumer sector will be 1.2 trillion by the end of year 2015. There are several aspects at work fuelling the growth of the consumer electronics market. It includes digitization, mobility and miniaturization. The biggest market for consumer electronics is only going to grow in future. The evolving Asian giants like India and China as well as Latin American and regions of Middle East have proved to be a best business market source for consumer electronics firms.
Acute Market Reports caters to the needs of its clients by providing them accurate high quality sourced market reports as per their business requirements. Our market research reports include organization profiles, market research analysis, competitive scenario, competitive analysis and in-depth market surveys. Each day brings with it a new opportunity for growth and you can lead the next generation business market from front by executing an advanced approach blend with factual, relevant and authentic data record statistics.
The consumer electronics sector consists of products such as desktops, laptops, tablets, personal computers, smart phones, IPods, I phones, touch screens, I Pads, think pads, cameras, televisions, CDs, DVDs, camcorder, smart appliances and mobile handsets. Besides these items, many of in-car entertainment items, recreational electronics items and in-home entertainment items are making their market presence felt in the consumer electronics industrial sector.
We provide a complete range of market reports that touches each and every aspect of the modern consumer electronics industry.
Acute Market Reports possess a vast collection of market research reports sourced from the leading publishing houses of the consumer electronics industry. We will guide you in choosing best reports which will help you to promote d enhance your business growth.
