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Global 5G Test Equipment Market Set for Explosive Growth by 2031The global 5G test equipment market is poised for significant growth over the next decade. Valued at US$ 5.3 billion in 2022, the market is expected to reach US$ 34.3 billion by 2031, expanding at an impressive CAGR of 23.1% from 2023 to 2031. This rapid growth is driven by the increasing complexities of telecommunication networks, the widespread adoption of 5G-enabled devices, and the rising...0 Reacties 0 aandelen 45 ViewsPlease log in to like, share and comment!
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Position and Proximity Sensors: Revolutionizing Object Detection and MonitoringThe global position and proximity sensors market is poised for steady growth over the coming decade. Valued at US$ 2.7 billion in 2022, the market is projected to reach US$ 3.0 billion by 2031, expanding at a CAGR of 4.6% from 2023 to 2031. This growth is largely driven by the rapid expansion of the automotive sector, the rise of smart devices, and increasing adoption of innovative sensing...0 Reacties 0 aandelen 52 Views
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Substation Automation Market Outlook 2035: Driving Smarter, Safer Power GridsThe global substation automation market is poised for robust growth over the next decade. Valued at US$ 36.8 billion in 2024, the market is projected to reach US$ 84.1 billion by 2035, growing at a CAGR of 6.1% from 2025 to 2035. This surge is fueled by the increasing demand for electricity, rising complexity in power grids, and the global push toward renewable energy integration and smart grid...0 Reacties 0 aandelen 45 Views
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How Businesses Are Leveraging M2M for Remote Monitoring & SecurityThe machine-to-machine (M2M) connections market is set for remarkable growth in the coming decade. Valued at US$ 23.6 billion in 2024, the industry is projected to reach US$ 63.6 billion by 2035, expanding at a healthy CAGR of 7.6% from 2025 to 2035. This surge reflects the growing demand for automation, connectivity, and data-driven operations across industries such as manufacturing,...0 Reacties 0 aandelen 47 Views
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