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How Do Paperless Workflows Expand E-Signature Market?

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 In 2021, the e-signature market stood at $1,527.7 million, and it is predicted to grow at a rate of 26.6% from 2021 to 2030, and by 2030, it would hit $12,721.5 million, attributed to the rising security concerns about enterprises, increased adoption of the innovative technologies and rising government support in emerging economies such as China, Brazil, and India. The market has a worldwide abundance of clients due to the presence of several providers, resulting in intense competition, medium product differentiation, and a huge number of participants. Software contributes significantly to the e-signature market revenue generation, of 40% share. It is expected to retain the same position in the near future due to rising cloud-based solutions usage and advanced e-signature solutions with encryption services to facilitate secure digital document sharing and communication. Numerous companies are adopting cloud-based e-signature to manage and protect critical data propels the market e...

Increasing Smartphone Penetration Fueling Demand for RF Transceivers

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 The mushrooming utilization of smartphones is one of the major factors fueling the demand for radiofrequency (RF) transceivers across the globe. In the recent years, the penetration of smartphones has grown massively both in the developed and developing countries. As per the State of Mobile Internet Connectivity Report 2019 published by the Global System for Mobile Communications Association (GSMA), 3.5 billion people all over the world use smartphones currently, and these devices are the primary medium for accessing the internet.  Apart from the above-mentioned factor, the growing adoption of the internet of things (IoT) and advanced mobile communication technologies such as 5G and 4G are also propelling the demand for RF transceivers. This is, in turn, fueling the growth of the global radiofrequency (RF) transceiver market. According to the estimates of the market research firm, P&S Intelligence, the market value will fall from $3,892.1 million in 2019 to $3,384.5 milli...

How Does Increase in Satellite Launches Propel Radiation Hardened Electronics Market?

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 In 2021, the radiation hardened electronics market stood at $1,539.1 million, and it is expected to advance at a rate of 3.5% during 2021–2030, to hit the $2,104.2 million mark by 2030. The surge in demand for radiation-hardened components such as nuclear power plants, medical devices, and aircraft boosts the market. Moreover, North America has acquired the largest market share, of 35%, attributed to the rise in advanced technologies and components’ miniaturization.  In addition, APAC holds the third-largest share, and it is expected to witness the same trend in the near future, attributed to the increasing focus of emerging economies such as South Korea and India to fulfil the growing demand through nuclear power plants. India saved 600 million tons of carbon dioxide emission to the environment by generating 755 billion units of electricity and producing nearly 6,700 MW of nuclear energy.  Reconfigurable radiation-hardened devices have a high demand in the radiation-ha...

Why Differential Variants Hold Half Pressure Transmitter Market Share?

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 The pressure transmitter market was worth around $2,904.0 million in 2021, which is predicted to hit $4,168.7 million by 2030, advancing at a 4.1% CAGR between 2021 and 2030. The main factor driving the growth of the market is the rising need for wireless pressure transmitters . By reducing wiring runs, such devices usually provide lower installation costs and simpler installation in remote areas. Another important aspect influencing the market is the increase in industrial automation adoption due to its enhanced product quality, lower operating costs, and maintenance of health and safety. The liquid category is the biggest revenue producer in the pressure transmitter market, based on fluid type, and it will grow at a rate of 4.1% in the coming years. In non-hydrocarbon liquids, a submersible pressure transmitter is used for fluid pressure and level measurement, including in the water & wastewater treatment domain. Moreover, differential and measured pressure transmitters are ...

Semiconductor Industry Growth To Facilitate Vacuum Pump Sale in China

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According to the Government of China, any person with an income of $7,250 to $62,500 is defined as middle class. As per the World Bank, the gross national income per capita of the country has surged from $9,620 in 2018 to $10,410 in 2019. A surge in middle-class income has, therefore, increased the penetration of consumer electronics, such as laptops, smartphones, gaming consoles, and solar panels in the country. As semiconductors have become an essential component of such products, a boom in the semiconductor industry will drive the demand for vacuum pumps in China. Moreover, the flourishing chemical and pharmaceutical sector, owing to the mounting income of the middle class and booming geriatric population, will drive the Chinese vacuum pump market at an 8.7% CAGR between 2019 and 2024. According to P&S Intelligence, the market will generate $1.9 billion revenue by 2024. The number of people over 65 years of age in China will grow from 172,262,000 in 2020 to 246,986,000 by 2030,...

Expanding Consumer Electronics Sector Driving Motion Sensor Demand

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 Organisation Internationale des Constructeurs d'Automobiles (OICA) estimates that 53,598,846 passenger cars and 24,372,388 commercial vehicles were sold across the world in 2020. Furthermore, the International Energy Agency (IEA) states that the global stock of plug-in hybrid electric vehicles (PHEV) (cars) and battery electric vehicles (BEV) (cars) stood at 3,346,713 and 6,850,327 units, respectively, in 2020. The increasing sale of vehicles owing to the improving economic conditions of customers will create a huge requirement for motion sensors, due to their usage in wheel alignment systems, vehicle alarm systems, and airbag systems. Moreover, the burgeoning demand for smartphones and medical equipment will augment the motion sensor market at a CAGR of 5.1% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue is projected to surge from $4,430.7 million in 2019 to $7,590.8 million by 2030. In recent years, the electronics industry has been...

APAC is the Leader of the Goat Milk Product Market

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 The size of goat milk products market was $8,672.9 million in the year2021, and is predicted to progress at a 4.8% CAGR from 2021–to 2030 and reach $13,217.2 million. The market is largely driven by an increase in health-aware consumers, subsidies from the government for the farming of goats, and technical advancements. An increasing volume of people around the globe are more aware of health and eager to pay extra for products having health aids. Goat milk has high calcium and protein, making it a brilliant accompaniment for the teeth and bones of children and adults. Cheese held the major part, of approximately 45% of goat milk products market, in the year 2021. The increase in goat cheese demand of late.  This cheese is a rich source of various healthy fats, like unsaturated fats, triglycerides, and fatty acids are attributed for this. There is also a good, easily palatable protein, offering amino acids are essential for the body of the humans. Furthermore, to help fight ir...