The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029.

The global signal heads market is expected to be valued at $6.08bn in 2023 and expand at 5.5% CAGR during the forecast period of 2023 to 2033. Focus on green commuting has led to technologies such as electric vehicles, connected cars, and self-driving cars.

According to the most recent analysis released by Fact.MR – a market research and competitive intelligence provider, the global current sensor market is anticipated to grow at a CAGR of just over 9.6% over the anticipated years, reaching a market value of $ 6,404.2 million by the end of 2032.

The global market for electric tractors at present valued at $94.04 million in 2022.

The global packaging automation solution market is set to reach $155 billion by 2033, expanding at 7.5% CAGR from 2023 to 2033.

The global drone as a service market is expected to reach a valuation of $6,629.4 million in 2023 and is expected to reach a valuation of $25,231.1 million by 2033. The market will witness a growth rate of 15.3% for the next 10 years.

According to Fact.MR, the global solar powered drones market will likely reach a valuation of $1,017 million in 2023 and is expected to grow at a CAGR of 14.1% during the forecast years of 2023-2033.

As per a report published by Fact.MR, the global silicon carbide market is poised to grow at a CAGR of 17% from 2022 to 2032.

As per a report by Fact.MR, the global LiDAR sensor market is anticipated to be valued at $5.6b by 2031, expanding at an impressive CAGR of 12.5% over the forecast period of 2021 to 2031.

This Fact.MR study currently places the global 3D body scanners market at $131.5mn. Over the next five years, worldwide sales of 3D body scanners are estimated to increase at an astronomical CAGR of 14.9%.

The global IoT fleet management market is expected to value $22.2bn in 2032, against $7.3bn in 2022. The industry is likely to flourish at a CAGR of 11.5% during the forecast period from 2022-to 2032.

According to Fact.MR, a market research and competitive intelligence provider, the global electronic grade silicon market is valued at $3.8bn and is expected to progress at a CAGR of 5.8% through 2032.

The global electronic design market was estimated at $12.5bn in 2021 and is anticipated to grow by 8% year over year to reach $13.5bn in 2022.

At present, the global electronic thermal management materials (ETMM) market stands at a valuation of $2.22bn. Expanding at a CAGR of 8.4% from 2022 to 2032, the market is estimated to reach $ 4.96bn by 2032.

An increase in automation and attention to detail given by drones in agriculture is one the main reasons that farmers are adopting such UAVs. Fact.MR introduces its report into this increase in drone-based farming.

Sales of electric vehicle batteries in Europe are valued at $5.8 billion in 2022. The Europe electric vehicle battery market is predicted to rise at 5.9% CAGR to exceed a valuation of $10.3 billion by end of 2032.

According to Fact.MR's latest analysis, the drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, anticipated to reach $279bn.

As per the recent published report by a market research and competitive intelligence provider, the global high power RF amplifier market exceeds a valuation of $4.6bn at present, and is slated to accelerate at a CAGR of 12.3% over the forecast period of 2021 to 2031.

ESOMAR-certified market research and consulting firm predicts the global sales of automotive transmission systems to exceed US$ 70 bn, registering a CAGR of 6.3% through the assessment period 2021-2031. Governments across the globe are contributing a massive share in fuelling the expansion of the automotive transmission system market by setting stricter regulatory norms regarding vehicular emission control.

ESOMAR-certified market research and consulting firm, Fact.MR, establishes that the global portable generators market is expected to be valued at $850m in 2021, reflecting a CAGR of 6.5% over the upcoming decade (2021-2031).