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.
The Instant print camera market worldwide is expected to grow with a CAGR of 2.4% during the forecast period from 2024 to 2032, starting from US$ 0.98 Bn in 2021. Instant Camera, also known as a polaroid camera, is a user-friendly instant camera that produces on-site photography. The camera utilizes self-developing film that prints the images from the camera itself clicked on.
The Ground power unit (GPU) market worldwide is expected to grow with a CAGR of 4.7% during the forecast period from 2024 to 2032, starting from US$ 7.98 Bn in 2020. Ground Power Unit also abbreviated as GPU is a immovable power supply for aircraft parked on the ground or a powered vehicle. A GPU may refer to a specific power supply, battery power supply, or a combination of both. Power sources might be an airport-based dedicated generator or central station.
When a power disruption is faced by the transmission line, time is the essence. The systems of emergency response must be ready to go. The spare tower is an emergency response system tower, an essential part of preparedness for emergency response. ERS as a product provides the manufacturing units with production work and its deployment ensures minimal power cuts when tower failures occur. Thus, the losses of interruption of the businesses are brought down.
The VR display screen market worldwide is expected to grow with a CAGR of 20% during the forecast period from 2024 to 2032. VR display screen market worldwide is observing a robust growth and driven by virtual reality market. Virtual reality is primarily used in entertainment for video gaming and 3D cinema. VR display offers a cost-effective tool to study and replicate interactions in a controlled environment. The VR screen displays that project information like images, videos and texts.
The semiconductor bonder machine market worldwide is expected to grow with a CAGR of 4.02% during the forecast period from 2024 to 2032, starting from US$ 1621.19 Mn in 2021. Wire bonder equipment market is the part of the total semiconductor packaging & assembly equipment industry. Shift in the semiconductor packaging towards the 3D IC technology is expected to intensify the market competition between IDMs & OSATs.
The satellite dish market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2023 to 2032. The satellite industry is rising with more than 3% growth rate annually. A satellite dish is used to transmit information from communication satellite or by radio waves. The satellite dishes are being used for various purposes such as for television, broadband, radio, and mobile among others.
The liquid crystal tunable filter market worldwide is expected to grow with a CAGR of 9.8% during the forecast period from 2024 to 2032, starting from 51.50 Mn in 2021. Rise in demand for tunable filters and wide application of liquid crystal tunable filters are the major growth factors for the market. Due to various benefits of these filters such as good image quality, low cost, quick tenability and controllability, liquid crystal tunable filters are being used in biomedicine, remote application and other industries.
Globally, the industrial hearable market is expected to grow with a CAGR of 35.4% during the forecast period from 2024 to 2032, and was recorded to have a market value of US$ 334.30 Mn in 2021. The hearable technology is a form of hybrid technology, which merges the wearable technology in the hearing devices.
