The aluminum forging market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2024 to 2032. Rapid increase in aluminum demand in automotive and aerospace industry is the key factor for growth of aluminum forging market worldwide. The process of pounding and pressing the aluminum under pressure is known as aluminum forging.
The fountain machine worldwide is expected to grow with a CAGR of 2.9% during the forecast period from 2024 to 2032, starting from US$ 1.95 Bn in 2020. The fountain machine market is growing steadily owing to increased penetration of carbonated drinks worldwide. Adoption of carbonated drinks by youngsters as well as millennials worldwide is the other growth factor for fountain machine market.
The tokenization market worldwide is expected to grow with a CAGR of 18.9% during the forecast period from 2024 to 2032, starting from US$ 1380.3 Mn in 2020. Growth of security concerns worldwide are driving the growth for tokenization market.
The global collagen meniscus implant (CMI) market is witnessing a steady growth, expected to grow at a CAGR of 5.3%. Globally, the increasing commonness of arthritis, sports injury, and numerous bone disorders will drive the overall market growth. Collagen meniscus implants are completely absorbable implant and biological, made from purified collagen. It is specifically designed to faciliate the growth of new tissue. For e.g. Stryker Collagen Meniscus Implant (CMI®).
Power is vital when it comes to electronics. Power connectors act as the vital connection between a device and its power source. Power connectors are devices that enable an electrical current flow through it for the sole purpose of supplying a device with power. Power connectors are designed to carry both AC as well as DC supply. AC plugs and sockets make it possible to connect devices to a building's primary power supply.
The UAV chips market worldwide is expected to grow with a CAGR of 9.6% during the forecast period from 2024 to 2032. 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 outdoor thermometer market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2024 to 2032. 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 global microducts market worldwide is expected to grow with a CAGR of 4.5% during the forecast period from 2024 to 2032, starting from US$ 0.26 Bn in 2021. Flame retardant microducts are gaining immense popularity owing to increasing safety regulations by the governments and regulatory authorities.
The Micro LED market worldwide is expected to grow with a CAGR of 75% during the forecast period from 2024 to 2032, starting from US$ 1.30 Bn in 2021. 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.
The IP Intercom market worldwide is expected to grow with a CAGR of 4.4% during the forecast period from 2024 to 2032, starting from US$ 1.06 Bn in 2021. The IP intercom includes a call and door release button and attaches to the network directly. It includes Talkmaster software and PoE interface box providing notification of door bell, two way audio as well as door release.
