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Torque sensor market is projected to grow from US$2,229 million in 2025 to US$3,056 million in 2030 at a CAGR of 6.52% during this period. A torque sensor is an electronic device capable of monitoring, detecting, regulating, and recording linear and rotational forces exerted upon it. The primary driver of market growth during the forecast period is the robust expansion of end-user industries, offering significant opportunities. Moreover, technological innovation
The flexible display market is expected to grow at a CAGR of 21.02%, reaching a market size of US$84.263 billion in 2030 from US$32.482 billion in 2025. Flexible displays are gaining prominence in consumer electronics because of their benefits, such as strength, lightness, shatter resistance, mobility, and ability to last long. Some examples of such devices include smartphones, tablets, and laptops, which have ado
The wireless audio devices market is expected to grow at a CAGR of 20.95%, reaching a market size of US$154.896 billion in 2030 from US$59.836 billion in 2025. The advancement of technology, increasing use of mobile phones, tablets, and other portable devices, and changing customer expectations and lifestyles have compelled industry players to develop new high-tech wireless audio devices that can provide seamless
The Smart Irrigation Market is expected to grow from USD 2.311 billion in 2025 to USD 4.056 billion in 2030, at a CAGR of 11.91%. A smart irrigation system is a combination of water nozzles and advanced technology to monitor the coverage of water from the sprinkler.
The global smoke detectors are expected to grow at a CAGR of 9.49%, reaching a market size of US$4.026 billion in 2030 from US$2.559 billion in 2025. A smoke detector is a specific type of device used to detect smoke or fire in buildings and factories. For industrial and domestic purposes, smoke detectors are efficiently utilized. Certain hazardous fire accidents occurring in residential or non-residential buildin
The teleprotection market is expected to grow at a CAGR of 24.29%, reaching a market size of US$68.934 billion in 2030 from US$23.266 billion in 2025. A teleprotection system constantly monitors the conditions of power lines, coordinating fast trips to disconnect the faulty ones. By doing this, the systems can automatically and remotely disconnect only the damaged section, avoiding more expensive failures that may
Cloud Collaboration Market The cloud collaboration market is expected to grow at a CAGR of 23.90%, reaching a market size of US$249.463 billion in 2030 from US$85.452 billion in 2025. Cloud Collaboration Market Key Highlights The mandated shift to remote and hybrid work models worldwide directly increased the demand for cloud-native collaboration platforms, establishing them as mission-critical enterpr
The global BFSI security market is expected to grow at a compound annual growth rate of 11.24% over the forecast period to reach a market size of USD 82.149 billion in 2030 from USD 48.244 billion in 2025. Security is crucial in the Banking, Financial Services, and Insurance (BFSI) sector since sensitive data and transactions are involved. Because cyber threats are becoming more frequent and sophisticated, BFSI firms must continually deal with the challenge of safegua
The flexible electronics market is projected to grow at a CAGR of 14.76% during the forecast period. Flexible electronics is being increasingly used in industries such as consumer electronics, healthcare, automotive among others on account of advantages it offers like ruggedness, lightweight, low cost, and less heat dissipation as compared to rigid electronics, which is anticipated to propel the growth of flexi
The compound semiconductor market is projected to grow at a CAGR of 8.52% during the forecast period. Compound Semiconductor Market Trends: Compound semiconductors are made from two or more elements. Most compound semiconductors are made from the combination of elements from Group 3 and Group 5 of the periodic table of elements (GaAs, InP, and others). Other compound semiconductors are made
The water automation and instrumentation market is expected to grow at a CAGR of 8.87%, reaching a market size of US$18.919 billion in 2030 from US$12.368 billion in 2025. Water automation and instrumentation help control the flow of water out and into processing plants. The main aim of water automation and instrumentation implementations is to increase the treatment
The supercapacitors market is expected to grow at a CAGR of 18.01%, reaching a market size of US$3,685.682 million in 2030 from US$1,609.496 million in 2025. Supercapacitors are electronic devices with less conventional voltage ranges and higher capacitance values. While they can serve both capacities and batteries, they help fill the void between them. They can also store more energy than a standard capacitor and