Consumer Electronics Research Reports

The global non-destructive testing market is expected to value USD 34.1 billion by 2030, exhibiting a CAGR of 7.7% during the period in focus. The growth may be accredited to the need to examine and evaluate defects in materials. Destructive testing is widely used to analyze the characteristics of aircraft components like tensile strength, flexibility, fracture toughness, and others.Read More »

The global LED lighting market size is poised to reach USD 132.96 billion by 2030. The market is estimated to grow at a CAGR of 10.5% from 2022 to 2030. Increasing construction activities and smart city initiatives in developing countries are creating opportunities for market expansion.Read More »

The global true wireless stereo earbuds market was prized by USD 25.32 billion in 2020. It is estimated to witness 36.1% CAGR from 2021 to 2028. The fast propagation of social media along with the short video apps, plus the rising demand for streaming content is the factors, projected to speed up the enlargement of the market for true wireless stereo (TWS) earbuds, during the subsequently a small number of years. Read More »

The global smart tv market was 268.9 million units in 2020. It is estimated to witness 20.8% CAGR from 2021 to 2028.As contrast to usual televisions, the smart TVs are ready with sophisticated functions, in addition to the features. A constant growth in the utilization of streaming apparatuses, together with the increasing infiltration of the internet is steering the enlargement of the market for smart TV.Read More »

The global nail guns market size was valued at USD 2.99 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.6% from 2020 to 2028. Increasing demand for nail guns in the building renovation & construction and carpentry industries due to their accuracy, ability to speed up the work, and safety features will drive the market growth. Furthermore, rapid urbanization in developing economies, such as China and India, as a result of the support of national governments for infrastructure development, has led to a rise in residential and commercial construction activities, which is expected to augment the product demand. Read More »

With reference to the report published, the global food service equipment market size was prized by USD 34.68 billion in 2020. It is estimated to witness 5.5% CAGR from 2021 to 2028. Growing hospitality segment, altering habits of eating the food and augmented demand for the takeaways, are the various input factors, impelling the progress of the market. In addition, the factors, similar to the necessity for sustainable and ecological utensils, along with the strict rules regarding the safety of the end users, plus rising digitalization, are estimated to generate, hopeful development openings to the market for food service equipment, during the nearby prospect.Read More »

The global handheld marijuana vaporizer market size was valued at USD 9.90 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028. Rising consumption of marijuana as a result of increased awareness about its benefits in the treatment of neurological disorders is expected to have a positive impact on industry growth. The vaporizer is a battery-operated device designed to heat concentrates and cannabis.Read More »

The global beverage cooler market size was valued at USD 5.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2028. Increasing demand for chilled beverages from both residential and commercial sectors is anticipated to propel the product’s demand. Continuous population growth, rapid urbanization, and increasing disposable income are among the significant factors, which are expected to positively influence the demand for beverage cooler globally.Read More »

The global smart plug market size was valued at USD 1.76 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 36.2% from 2021 to 2028. A shift in consumer preferences toward using smart home appliances,coupled with the technological developments by the emerging players in the market,is expected to have a favorable impact on the market growth.Over the past few years, the shifting preference toward acomfortable lifestyle, increased awareness regarding energy savings,and advancement in the IoT framework have paved a way forremotely controlled devices,including smart plug.Read More »

The global beer dispenser market size was valued at USD 296.0 million in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. The rising beer consumption across emerging economies such as India, Mexico, Brazil, and Vietnam owing to growing popularity among financially independent consumers and higher annual income groups on the domestic level is expected to remain a favorable factor for the industry growth.Read More »

The global variable frequency drive (VFD) market size was accounted for USD 22.5 billion in 2019 and registering 6.5% CAGR during the forecast period, from 2020 to 2027. Growing usage of variable frequency drive across various industries coupled with increasing investment for the development of infrastructure is a major factor to drive the market growth.Read More »

The global arbitrary waveform generator market size was accounted for USD 304.7 million in 2018. It is projected to grow at a CAGR of over 9.0% during the forecast period, 2019 to 2025. Increasing demand for measurement, and advanced testing equipment across various sectors such as telecommunications, consumer electronics, education, healthcare, aerospace is projected to boost the market growth.Read More »

The global LED modular display market size was worth USD 5.49 billion in 2019. The market is estimated to witness 13.2% CAGR over the forecast duration, 2020 to 2027. Rise in adoption of LED modular display units across various industries such as airports/railways, sports & entertainment, media & advertising, retail, control rooms and auditorium is likely to drive the market growth during the forecast years.Read More »

The global camping cooler market size was accounted for USD 621.8 million in 2017 and registering 6.4 % CAGR over the forecast period, from 2018 to 2025. Rising popularity of outdoor activities like hiking and off-roading among travelers is a major factor driving the market growth. Moreover, the emergence of advanced technology for manufacturing chillers in order to keep ice for a long time is projected to drive market growth during the forecast period.Read More »

The global air coolers market size was accounted for USD 1.2 billion in 2018. It is projected to expand with 10.8% CAGR during the forecast period, 2019 to 2025. Rising consumer awareness regarding climate changes, high consumption of electricity, and co2 emission are the key driving factors. Moreover, air coolers don’t emit any harmful gases and are eco-friendly.Read More »

The mini LED market size across the globe was valued at USD 24.6 million in 2018. It is projected to witness significant growth with 86.6% CAGR from 2019 to 2025. This can be attributed to their features like enhanced brightness, more contrast ratio, fast time of response and lower energy consumption. These features are projected to their demand as compared to the OLEDs (Organic light emitting diodes).Read More »

The global laptop market size was accounted for USD 101.67 billion in 2017 and is projected to grow with a CAGR of 0.4% in terms of revenue over the forecast period, from 2018 to 2025. This market is expected to grow at a CAGR of 1.0% in terms of volume over the same period. Rising awareness on new technologies, rapidly evolving lifestyles and increasing internet penetration are some of the key factors driving the market growth.Read More »

The global power bank market size was accounted for USD 6.8 billion in 2019 and projected to grow with a CAGR of 18.4% over the forecast period, from 2020 to 2027. Increase in the number of smartphone users coupled with advancement in mobile features has led to high power consumption of batteries, which is expected to boost the demand for power banks during the forecast period.Read More »

The global flexible display market size was accounted for USD 6.98 billion in 2018 and expected to grow with a CAGR of 28.1% over the forecast period, from 2019 to 2025.  Factors such as growing adoption of display-based consumer electronic devices and increasing demand for light-weight, flexible, and energy-efficient gadgets are driving the market growth. Read More »

The global webcam market size was accounted for USD 6.15 billion in 2019. It is projected to witness a CAGR of 8.2% over the forecasted years, 2020 to 2027. Increasing safety concerns across public and private places coupled with the real-time surveillance being offered by the webcams are projected to trigger the market growth across the globe.Read More »