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Business Upturn
07-08-2025
- Business
- Business Upturn
Aviation Connector Market to Surpass USD 14.39 billion by 2032, grow at a CAGR of 6.79%
By GlobeNewswire Published on August 7, 2025, 11:00 IST Austin, Aug. 07, 2025 (GLOBE NEWSWIRE) — Aviation Connector Market Size & Growth Insights: According to the SNS Insider Report, 'The Aviation Connector Market Size was valued at USD 8.54 billion in 2024 and is expected to reach USD 14.39 billion by 2032 and grow at a CAGR of 6.79% over the forecast period 2025-2032.' Aircraft Production Surge and Avionics Innovation Propel Global Aviation Connector Market Expansion The aviation connectors are designed to facilitate safety, switching & communication in aircraft systems. While Increasing aircraft production, increasing defense spending and rapid technology development of avionics and airborne electronic systems are the factors which are driving growth of the market Commercial and military aircraft also have a high demand for light-weight, rugged, high-speed connectors. Upholding the demanding requirements of reliable connectors for digital avionics upgrades for more than 60% of active military aircraft. The U.S. Market sat at USD 2.29 billion in 2024 and is projected to grow by USD 3.77 billion through 2032 due to modernization programs and advanced electronic systems with the fleets. Get a Sample Report of Aviation Connector Market @ Leading Market Players with their Product Listed in this Report are: TE Connectivity Amphenol Corporation ITT Inc Molex LLC Radiall Smiths Interconnect Carlisle Interconnect Technologies Hirose Electric Co. Ltd Glenair Inc Eaton Corporation Aviation Connector Market Report Scope: Report Attributes Details Market Size in 2024 USD 8.54 Billion Market Size by 2032 USD 14.39 Billon CAGR CAGR of 6.79% From 2025 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Application (Aircraft, Ground Control Systems, Aerospace Defense)• By Product Type (Circular, Rectangular, D-Sub, Fiber Optic) • By End-User (Commercial Aviation, Military Aviation, Private Aviation) Purchase Single User PDF of Aviation Connector Market Report (20% Discount) @ Key Industry Segmentation By Application Due to the extensive utilization of Aviation Connectors in avionics, engines, cabin systems, and flight control electronics, Aircraft segment dominated the Aviation Connector Market and held around 52.4% revenue share in 2024. As aircraft become more performance- and safety-reliant on connectors, TE Connectivity is preparing to meet the growing demand. Due to global defense modernization, increasing UAV deployment, and rising demand for connectors with high reliability in digital military aviation systems, the aerospace defense segment is expected to grow at the fastest (CAGR) of 7.37% (2024–2032) By Product Type The circular connectors segment of the Aviation Connector Market accounted for the largest share in terms of both volume and value at 46.3% in 2024, due to the durability of circular connectors, compact design, ease of use, and suitability in critical aerospace applications such as internal areas of engines, fuselage wiring, and avionics. Circular connectors from companies such as ITT Inc. are used on commercial and military aircraft and meet both MIL-spec and commercial-grade specifications. With growing demand for high-bandwidth and EMI-safe solutions, Radiall's next generation lightweight data transmission technologies showcase optimum capability of fiber optic connectors to attain the highest CAGR of 8.54% during 2023 – 2032. By End-User In 2024, commercial aviation held the largest market share at 58.6%, driven by rising aircraft production, expanding passenger fleets, and the growing complexity of onboard electronic systems. Frequent maintenance also boosts connector replacement demand, with companies like Molex LLC supplying aviation-grade connectors for various subsystems. Military aviation is projected to grow at a 7.92% CAGR (2024–2032), fueled by increasing production of fighter jets and surveillance aircraft. Smiths Interconnect supports this growth with high-reliability connector solutions for mission-critical defense applications worldwide. Regional Outlook: North America Leads, Asia Pacific Emerges as Fastest-Growing Aviation Connector Market (2024–2032) The global Aviation Connector Market was dominated by the North America, which acquired a 34.20% share in 2024 owing to the presence of huge aerospace manufacturing base and large defense programs in the country as well as aerospace and defense manufacturer players such as Boeing and Lockheed Martin in the U.S. The Asia Pacific region is anticipated to grow at the highest CAGR of 7.97% from 2024 to 2032 due to rising commercial air traffic, increasing aircraft production and defense modernization programs in nations such as China, India, and Japan. The region is growing fast in terms of commercial aviation, especially China fuelled by the strong organisation behind the initiative along with heavy government investments. Europe spearheaded by Germany continues to be an important market as it supports Airbus programs, has established MRO strength, and there exists high connector demand from the civil and defense side. UAE's aviation infrastructure drives the Middle East & Africa, Embraer production and defense upgrades lead in Latin America. Do you have any specific queries or need any customized research on Aviation Connector Market? Submit your inquiry here @ Recent Developments: In May 2025, Airbus U.S. and Shield AI have partnered to integrate Shield AI's Hivemind autonomy software into the unmanned MQ-72C Lakota for the U.S. Marine Corps' Aerial Logistics Connector (ALC) program. The collaboration aims to accelerate development of a scalable, autonomous cargo platform with enhanced range and mission-ready capabilities. USPS FOR AVIATION CONNECTOR MARKET Price analysis benchmarks – Helps you understand pricing trends across connector types and regions, enabling cost forecasting, budgeting accuracy, and procurement strategy planning. Helps you understand pricing trends across connector types and regions, enabling cost forecasting, budgeting accuracy, and procurement strategy planning. Investment and funding metrics – Helps you track venture capital flow, government grants, and private equity investments in connector technologies, supporting strategic financial decision-making. Helps you track venture capital flow, government grants, and private equity investments in connector technologies, supporting strategic financial decision-making. Supply chain statistics – Helps you assess supplier distribution, material availability, and regional production hubs to evaluate sourcing risks and logistics efficiency. Helps you assess supplier distribution, material availability, and regional production hubs to evaluate sourcing risks and logistics efficiency. Workforce and employment statistics – Helps you gauge industry employment trends, skill availability, training demands, and labor shortages impacting connector design and manufacturing. Helps you gauge industry employment trends, skill availability, training demands, and labor shortages impacting connector design and manufacturing. Capacity utilization rates – Helps you identify overcapacity or production constraints across key manufacturing hubs, guiding capital allocation and expansion strategy. Helps you identify overcapacity or production constraints across key manufacturing hubs, guiding capital allocation and expansion strategy. Supply chain disruption index – Helps you identify geopolitical, regulatory, or raw material risks affecting connector availability and lead time. Helps you identify geopolitical, regulatory, or raw material risks affecting connector availability and lead time. Competitive landscape – Helps you evaluate the positioning of key players based on market reach, recent developments, innovation pipelines, and product portfolio diversity. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
06-08-2025
- Business
- Business Upturn
Residential Energy Storage Market Size to Exceed USD 5.60 Billion by 2032, at a CAGR of 14.08%
Austin, Aug. 06, 2025 (GLOBE NEWSWIRE) — Residential Energy Storage Market Size & Growth Insights: According to the SNS Insider Report, 'The Residential Energy Storage Market size was valued at USD 1.96 billion in 2024 and is expected to reach USD 5.60 billion by 2032, growing at a CAGR of 14.08% over the forecast period of 2025-2032.' Rising Demand for Backup Power and Energy Independence Fuels Residential Energy Storage Market Growth As rooftop solar photovoltaics (PV) systems become more widespread, smart homes emerge and the need for reliable backup supply during outages escalates, the Residential Energy Storage Market is gaining ground. Extreme weather events and aging electric grid infrastructure are causing blackouts more frequently, and homeowners are increasingly turning to battery storage for energy independence and resiliency. In 2024 alone, Hurricanes, wildfires and storms caused over 25 major grid disturbances all over the U.S. When you add to that a growing desire in many areas to abandon the grid, coupled with additional federal incentives, including the ITC, you have a recipe for high growth. Home smart phones are core elements of a much bigger global energy-storage ecosystem and together global BWTO capacity shoud exceed 400 GW by 2024, led primarily from Europe and Australia but also with fast growing penetration in US and India. Get a Sample Report of Residential Energy Storage Market @ Leading Market Players with their Product Listed in this Report are: Tesla LG Energy Panasonic Samsung SDI Enphase Sonnen BYD Generac Eaton ABB Residential Energy Storage Market Report Scope: Report Attributes Details Market Size in 2024 USD 1.96 Billion Market Size by 2032 USD 5.60 Billon CAGR CAGR of 14.08% From 2025 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Solution (Lithium-Ion, Lead-Acid)• Connectivity Type (On-Grid, Off-Grid)• Ownership Type (Customer-owned, Utility-owned, Third-Party Owned) • Power Rating (3-6 Kw, 6-10 Kw, More Than 10 Kw) Purchase Single User PDF of Residential Energy Storage Market Report (20% Discount) @ Residential Energy Storage Market Segmentation Outlook: Technology, Ownership, Connectivity, and Capacity Trends Shaping 2024–2032 Growth By Solution The Residential Energy Storage Market in 2024 was dominated by Lithium-ion batteries, which accounted for a significant 78.4% share, and the segment is projected to maintain the highest CAGR from 2024 to 2032. Their advantages are a combination of high energy density, long cycle life, falling costs, compatibility with smart energy systems and solar PV systems, and general battery chemistry improvements and a growing acceptance of battery safety standards and practices. By Connectivity Type On-grid systems accounted for a leading 77.6% share of the Residential Energy Storage Market in 2024 and are expected to grow at the fastest CAGR through 2032. This growth is fueled by widespread adoption of grid-connected rooftop solar, net metering policies, time-of-use pricing, and smart grid initiatives. On-grid storage offers cost savings, real-time monitoring, scalability, and virtual power plant (VPP) potential, making it an increasingly attractive option for homeowners. By Ownership Type Customer-owned systems are projected to hold 59.7% of the Residential Energy Storage Market in 2024, as more homeowners opt to purchase batteries outright—especially when paired with rooftop solar—to maximize energy savings and access government incentives. Ownership offers full control over usage, performance, and integration with home energy platforms. from 2025 to 2032, third-party owned systems are expected to grow fastest due to rising popularity of leasing, PPAs, and BaaS models. By Power Rating In 2024, the 3–6 kW segment led the Residential Energy Storage Market with a 46.5% share, favored for its suitability in small to mid-sized homes, affordability, and compatibility with rooftop solar. It offers backup and daily efficiency for typical household use. From 2025 to 2032, the 6–10 kW segment is expected to grow fastest, driven by rising EV adoption, smart appliances, and increasing demand for home electrification and energy independence. Regional Momentum in Residential Energy Storage Market Driven by Policy Support, Solar Adoption, and Climate Resilience In 2024, North America led the Residential Energy Storage Market with a 32.5% share, driven by rising rooftop solar adoption, frequent weather-induced outages, and strong policy support such as the U.S. Investment Tax Credit (ITC). The U.S. spearheaded growth with federal incentives and increased demand for backup power. From 2025 to 2032, Asia Pacific is projected to witness the fastest CAGR of 14.98%, fueled by rapid urbanization, rising electricity demand, falling battery costs, and expanding solar-plus-storage policies in China, Japan, South Korea, and Australia. Europe follows closely, with strong climate policies, energy independence goals, and rooftop solar penetration. Meanwhile, Latin America and the Middle East & Africa are gaining momentum through electrification efforts and off-grid solar-storage solutions in underserved regions. Do you have any specific queries or need any customized research on Residential Energy Storage Market? Submit your inquiry here @ Recent Developments: In July 2025, Tesla has signed a $4.3 billion deal with LG Energy Solution for U.S.-made LFP batteries, aimed at powering its grid-scale and residential energy storage systems, with deliveries starting August 2027 through July 2030. USP FOR RESIDENTIAL ENERGY STORAGE MARKET Time-of-use billing influence – helps you understand how variable electricity tariffs are driving battery adoption by enabling consumers to store cheap off-peak energy for peak-hour use. – helps you understand how variable electricity tariffs are driving battery adoption by enabling consumers to store cheap off-peak energy for peak-hour use. Ev charging synergy – helps you assess how rising residential EV ownership is increasing demand for higher-capacity storage systems and accelerating integrated energy solutions. – helps you assess how rising residential EV ownership is increasing demand for higher-capacity storage systems and accelerating integrated energy solutions. Hybrid inverter penetration – helps you identify the growing deployment of hybrid inverters that simplify solar-plus-storage installations and enhance grid interoperability. – helps you identify the growing deployment of hybrid inverters that simplify solar-plus-storage installations and enhance grid interoperability. User payback period improvement – helps you evaluate how falling battery prices, government incentives, and energy savings are shortening the return-on-investment period for homeowners. – helps you evaluate how falling battery prices, government incentives, and energy savings are shortening the return-on-investment period for homeowners. Storage-compatible smart homes – helps you track how smart energy management platforms are being integrated with residential storage systems for optimized usage and remote control. – helps you track how smart energy management platforms are being integrated with residential storage systems for optimized usage and remote control. Solar-plus-storage adoption rate – helps you measure how rapidly consumers are pairing rooftop solar with batteries to maximize self-consumption and minimize grid dependence. – helps you measure how rapidly consumers are pairing rooftop solar with batteries to maximize self-consumption and minimize grid dependence. Lfp technology transition – helps you understand how the market is shifting to lithium iron phosphate (LFP) chemistry due to its safety, affordability, and energy efficiency in residential use. – helps you understand how the market is shifting to lithium iron phosphate (LFP) chemistry due to its safety, affordability, and energy efficiency in residential use. Backup power demand index – helps you gauge how increasing climate-related outages and grid instability are pushing demand for reliable residential backup power solutions. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
05-08-2025
- Business
- Business Upturn
Household Vacuum Cleaners Market to Grow USD 24.79 Billion by 2032, at a CAGR of 8.50%
Austin, Aug. 05, 2025 (GLOBE NEWSWIRE) — Household Vacuum Cleaners Market Size & Growth Insights: According to the SNS Insider Report, 'The Household Vacuum Cleaners Market size was valued at USD 12.91 Billion in 2024 and is projected to reach USD 24.79 Billion by 2032, growing at a CAGR of 8.50% during 2025-2032.' Advertisement AI-Driven Innovation Reshapes the Household Vacuum Cleaners Market with Smart, Multi-Functional Solutions Smart and multi-functional and automated cleaning solutions are driving innovations in the residential vacuum cleaners market. With advent of technologies such as IoT-powered navigation, real-time blockage detection and FlatReach or step-climbing capabilities, conventional vacuums are becoming more like ultra-advanced home assistants that can help with cleaning effectively. Smart Integration home integration and Increased focus on improvability are fueling this transition. Some of the most expanded cleaning solutions includes Roborock's newly announced A20 Pro, which aims to be a convenient kitchen companion, and SwitchBot's K20+ Pro, a multitasking cleaner with a strong push for hands-free, adaptable cleaning. The expectations of tech-savvy users are leading the manufacturers to respond with AI-driven personalization, modular design, and improved connectivity. The intersection of the two mass-market vacuuming robots is changing the definition of market value and a bloodbath of competition focused largely on innovating and designing for the consumer. Get a Sample Report of Household Vacuum Cleaners Market @ Leading Market Players with their Product Listed in this Report are: Dyson Ltd. BISSELL Inc. iRobot Corporation Samsung Electronics LG Electronics Panasonic Corporation Electrolux AB Miele & Cie KG Haier Group Ecovacs Robotics Inc Household Vacuum Cleaners Market Report Scope: Report Attributes Details Market Size in 2024 USD 12.91 Billion Market Size by 2032 USD 24.79 Billion CAGR CAGR of 8.50% From 2025 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Product (Canister, Central, Drum, Robotic, Upright, Wet & Dry, Others) • By Distribution Channel (Online, Offline) • By Power Sources (Chorded, Cordless) Purchase Single User PDF of Household Vacuum Cleaners Market Report (20% Discount) @ Product Innovation and Consumer Preferences Reshape Household Vacuum Cleaners Market Across Segments By Product In Year 2024, the segment Canister accounted for the largest share of the Household Vacuum Cleaners Market 38% in which the products from Canister such as high suction power, versatile designs, and efficient performance on carpet and hard floors drive the market growth of the Household Vacuum Cleaners Market during the forecast period! With its light weight and ability to be easily accessed under furniture, this is optimal for deep cleaning. The Robotic segment is projected to expand at the fastest rate, registering a CAGR of 14.98%, over the period from 2025 to 2032, owing to the increasing preference for automated, time-saving, and place-saving cleaning products in combination with home automation. By Distribution Channel In 2024, the Online segment led the Household Vacuum Cleaners Market with a 64% share, driven by the convenience of digital shopping, competitive pricing, wide product selection, and access to customer reviews and promotions. From 2025 to 2032, the Offline segment is projected to grow the fastest at a CAGR of 10.07%, as many consumers still prefer in-store experiences to test products firsthand. Instant availability, personal assistance, and after-sales support further enhance confidence in offline purchases, boosting its resurgence in the market. By Power Sources In 2024, the Corded segment held a dominant 65% share of the Household Vacuum Cleaners Market, favored for its continuous power supply, strong suction performance, and cost-effectiveness making it ideal for deep, extended cleaning in larger homes. The Cordless segment is projected to grow the fastest from 2025 to 2032 at a CAGR of 11.56%, driven by consumer demand for portable, flexible, and quick-cleaning solutions. Advances in battery life, suction efficiency, and lightweight design are accelerating the shift toward cordless models. Regional Outlook: North America Leads, Asia-Pacific Emerges as Fastest-Growing Market In 2024, North America led the Household Vacuum Cleaners Market with a 44% revenue share, driven by high appliance penetration, purchasing power, and strong adoption of smart technologies. The U.S. remained the key contributor due to its innovation-driven market. Asia-Pacific is poised for the fastest growth over 2025–2032, with a 10.19% CAGR, fueled by urbanization, rising incomes, and demand for affordable smart appliances. Europe continues to show promise with rising demand for energy-efficient, eco-friendly, and robotic models. Latin America and the Middle East & Africa are witnessing steady growth, supported by improving lifestyles, urban expansion, and increased retail access. Manufacturers in these regions are adapting offerings to meet diverse, cost-conscious consumer preferences. Do you have any specific queries or need any customized research on Household Vacuum Cleaners Market? Submit your inquiry here @ Recent Developments: In Feb 2024, ECOVACS Unveils Three Groundbreaking Cleaning Robots, Including DEEBOT X8 PRO OMNI with OZMO ROLLER Technology USP FOR HOUSEHOLD VACUUM CLEANERS MARKET Energy Consumption Efficiency Data – helps you compare top-performing vacuum cleaner models and brands based on energy-saving capabilities, enabling eco-conscious consumer targeting and sustainable product development. – helps you compare top-performing vacuum cleaner models and brands based on energy-saving capabilities, enabling eco-conscious consumer targeting and sustainable product development. Noise Level Comparison Data – helps you identify which product segments (canister, robotic, handheld) perform better in decibel reduction, crucial for user comfort and regulatory noise compliance in urban homes. – helps you identify which product segments (canister, robotic, handheld) perform better in decibel reduction, crucial for user comfort and regulatory noise compliance in urban homes. Consumer Demographic Insights – helps you tailor product strategies based on regional preferences, income-level trends, and usage patterns across gender and age groups, especially for robotic and cordless vacuums. – helps you tailor product strategies based on regional preferences, income-level trends, and usage patterns across gender and age groups, especially for robotic and cordless vacuums. Dust-Free And Carbon-Light Features – helps you evaluate models offering HEPA filtration, carbon-neutral materials, and low-emission motors, critical for health-conscious and sustainability-focused buyers. – helps you evaluate models offering HEPA filtration, carbon-neutral materials, and low-emission motors, critical for health-conscious and sustainability-focused buyers. Smart Feature Penetration Index – helps you track the adoption of IoT, app-control, and AI-driven navigation in robotic vacuum models, revealing high-growth subsegments and tech-inclined geographies. – helps you track the adoption of IoT, app-control, and AI-driven navigation in robotic vacuum models, revealing high-growth subsegments and tech-inclined geographies. Post-Purchase Maintenance Trends – helps you understand cost-of-ownership dynamics through data on filter replacement cycles, battery degradation, and consumer service satisfaction scores. – helps you understand cost-of-ownership dynamics through data on filter replacement cycles, battery degradation, and consumer service satisfaction scores. Design Efficiency Benchmarks – helps you assess compact, lightweight, and ergonomic innovations, especially relevant in the Asia-Pacific and European urban segments with space constraints. About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
16-06-2025
- Business
- Business Upturn
Piezoelectric Actuators Market Size to Grow USD 4.03 Billion by 2032, at 6.85% CAGR
Austin, June 16, 2025 (GLOBE NEWSWIRE) — Piezoelectric Actuators Market Size & Growth Insights: According to the SNS Insider Report, 'The Piezoelectric Actuators Market size was valued at USD 2.37 Billion in 2024 and is projected to reach USD 4.03 Billion by 2032, growing at a CAGR of 6.85% during 2025-2032.' PI Ceramic Advances Precision with Faster Delivery of High-Performance Piezo Actuators PI Ceramic has cut delivery times of its PICMA Stack multilayer piezo actuators to less than 3 weeks with support for industries needing fast ultra-precision components. Well-suited for challenging applications in medical devices, industrial automation, and semiconductor production, the actuators are notable for their high reliability, ultra-long lifetime (billions of actuation cycles typical) and compatibility with ultra-high vacuum (UHV). Its improved manufacturability will support faster adoption into vital systems requiring accuracy, durability and environmental resistance. Get a Sample Report of Piezoelectric Actuators Market @ What is the Piezoelectric Actuators Market Size of the U.S.? The U.S. piezoelectric actuators market was valued at USD 0.42 Billion in 2024 and is projected to reach USD 0.69 Billion by 2032, growing at a CAGR 6.60% during 2025-2032. This new offering advances PI Ceramic's position as the global leader in advanced piezoelectric solutions and also meets the increased global demand for high-performance, compact, and energy-efficient actuation solutions. Which is the Leading Region in the Piezoelectric Actuators Industry? In 2024, Europe dominated the piezoelectric actuators market with a 42% revenue share, due to significant innovation, solid R&D spending, and demand from automotive, healthcare, and semiconductor industries. Germany, France, and the U.K. have industrial powerhouses, and are fast-growing tech ecosystems. Asia-Pacific is expected to grow at the fastest CAGR of 9.84% over 2025-2032, following high industrialization, and growing electronics production and smart automation in China, Japan, and South Korea. The U.S., however, remains a major player due to strong technology and demand in the aerospace, automotive and medical industry. LATAM and MEA are growing steadily with rising industrialization and increasing adoption of energy-efficient products and solutions. Piezoelectric Actuators Market Report Scope: Report Attributes Details Market Size in 2023 USD 2.37 Billion Market Size by 2032 USD 4.03 Billion CAGR CAGR of 6.85% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Type(Stack Actuators, Stripe Actuators, Tube Actuators, Shear Actuators and Linear Actuators)• By Application(Aerospace, Automotive, Industrial Manufacturing, Healthcare, Consumer Electronics and Others) • By Material(Piezoelectric Ceramic, Piezoelectric Crystal, Piezoelectric Composite and Piezoelectric Polymer) Purchase Single User PDF of Piezoelectric Actuators Market Report (20% Discount) @ Key Industry Segmentation By Type With a 59% share in 2024, the stack actuators category dominated the piezoelectric actuators market owing to its high force output and precision, which fit for semiconductor manufacture, medical devices, and industrial automation. With a CAGR of 10.73%, the stripe actuators category is expected to develop quickest over 2025–2032. This growth is driven by the increasing demand for tiny lightweight comfort actuators in applications in new markets including wearables, robotics and MEMS. In Which Application the Piezoelectric Actuators are Used the Most? In 2024, the industrial manufacturing segment accounted for approximately 45% of the piezoelectric actuators market and is expected to remain the largest and fastest-growing segment, which is expected to remain the largest and fastest-growing end-use sector on the back of rising automation, high-definition motion control requirement and efficient performance of piezoelectric actuators under severe environment. Demand continues to be driven by applications in robotics, quality control and process control. The automotive segment is projected to grow at a CAGR of 9.47% over 2025-2032, on the back of increasing deployment of ADAS, EVs, and advanced actuator-based control systems. By Material In 2024, the piezoelectric ceramic segment led the market with a 68% share, owing to its excellent piezoelectric properties, high reliability and cost-effective nature that suits it for medical devices, industrial automation, and consumer electronics. An increasing emphasis on high-performance actuators also bolsters its lead. The piezoelectric polymer segment is projected to grow at the fastest rate with a CAGR of 11.17% over 2025-2032, on account of lightweight, flexible features for wearables and compact, unique actuation applications in untapped markets. Leading Market Players with their Product Listed in this Report are: Physik Instrumente (PI) TDK Corporation Murata Manufacturing CTS Corporation CeramTec GmbH APC International KEMET Corporation (TOKIN) Piezosystem Jena Thorlabs Inc. Cedrat Technologies Do you have any specific queries or need any customized research on Piezoelectric Actuators Market? Submit your inquiry here @ Recent Developments: In June 2025, PI Launches PICMA® Plus Piezo Actuators with Higher Displacement for Extreme EnvironmentsPI introduces PICMA® Plus piezo stack actuators, offering superior performance to the well-known PICMA® family of high-energy piezo stack actuators, with a compact size and long lifetime. In MARCH 2025, HB-3: ULTRA-PRECISE ROBOT DRIVEN BY PIEZOELECTRIC ACTUATORS A team at Yokohama National University reveal an autonomous micro-robot containing piezo actuators that provide sub-millimeter precision when performing tasks in confined spaces and hazardous conditions. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Piezoelectric Actuators Market, by Type 8. Piezoelectric Actuators Market, by Material 9. Piezoelectric Actuators Market, by Application 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
11-06-2025
- Automotive
- Yahoo
CSP MOSFET Market to Reach USD 2.17 Billion by 2032, at CAGR of 7.64%
CSP MOSFET Market growth is driven by highfrequency switching demand, EV & renewable energy integration, smart grids, and advanced CSP packaging innovations. Austin, June 11, 2025 (GLOBE NEWSWIRE) -- CSP MOSFET Market Size & Growth Insights: According to the SNS Insider Report, 'The CSP MOSFET Market size was valued at USD 1.21 billion in 2024 and is expected to reach USD 2.17 billion by 2032, growing at a CAGR of 7.64% over the forecast period of 2025-2032.' CSP MOSFET Market Growth Fueled by Demand for Compact and Efficient Power Solutions The CSP MOSFET market is witnessing a vigorous growth driven by the increasing adoption of compact, energy efficient products in industries such as consumer electronics, electric automotive, and industrial automation. Aided by the trend of miniaturization in smartphones, IoT and wearable devices, CSP MOSFETs provide significant benefits including ultra-low thermal impedance, lower on-resistance and better thermal performance. These MOSFETs are faster switching and offer higher efficiency in EVs, resulting in performance improvements of 5–10%, as demonstrated with Tesla's use of SiC MOSFETs. Furthermore, the power electronics in renewable energy systems and automation also contribute to market growth. The global EV market is estimated to grow to 30 million units by 2030 - a significant driver of growth for CSP MOSFET. Get a Sample Report of CSP MOSFET Market @ Asia Pacific Leads CSP MOSFET Market amid Global Shift toward Compact, High-Efficiency Power Solutions Asia Pacific dominated the CSP MOSFET market with a 34.1% share in 2024 and is projected to grow at the fastest CAGR through 2032. Growth is stimulated by the expansion of the consumer electronics, automotive, and industrial automation industries, which require small, energy-efficient power devices. It is consistently written that China is still ahead in semiconductor production, innovation and support for EVs. North America's growth is fueled by advanced technologies, and strong semiconductor base and increasing integration of EV & IOT, the US is the largest market. In Europe, Germany leads due to industrial automation and EV manufacturing. Latin America and MEA are emerging markets, with growing industrialization, renewable energy projects, and requirement for reliable power solutions. CSP MOSFET Market Report Scope: Report Attributes Details Market Size in 2023 USD 1.21 Billion Market Size by 2032 USD 2.17 Billion CAGR CAGR of 7.64% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Product Type (N-Channel, P-Channel, Dual N-Channel, and Dual P-Channel)• By Application (Consumer Electronics, Automotive, Industrial, Telecommunications, and Others)• By End-User (OEMs, and Aftermarket) Purchase Single User PDF of CSP MOSFET Market Report (20% Discount) @ OEMs Dominate CSP MOSFET Adoption with Strongest Growth Outlook Through 2032 By Product Type In 2024, the N-Channel segment accounted for 51.6% of the CSP MOSFET market, owing to its ability to provide superior switching speed, efficiency, and thermal stability which are needed in high power and high speed applications such as power supply circuits, automotive and industrial systems. With its low on-resistance and high voltage capability allows designing compact and energy saving equipment. From 2025 to 2032, the Dual N-Channel segment is projected to grow at the fastest CAGR, as demand for small and efficient devices in EVs, Renewable Energy and Power Management systems increases even as they are more complex and costly to fabricate. By Application In 2024, the Consumer Electronics segment is projected to lead the CSP MOSFET market with a 38.3% share, including smartphones, wearables, and IoT devices, as these devices become smaller and smaller, their power components need to be smaller, yet more efficient with ultra-low on-resistance. From 2025 to 2032, the Automotive segment is expected to grow at the fastest CAGR, supported by accelerated EV penetration and booming need for improved power electronics in cars, in which CSP MOSFETs will provide the best in class performance, less power losses and a better thermal management into vital systems. By End Use OEMs held 81.4% of the CSP MOSFET market share in 2024 and are projected to grow at the fastest CAGR through 2032. This expansion is fueled by growing demand for high-performance, energy-efficient devices in applications such as automotive, consumer electronics, and industrial automation. OEMs make substantial extensive use of CSP MOSFETs due to their small footprints, reliability, and performance in line with the trends toward miniaturization and optimization of power management. With EVs, IoT devices, and renewable power systems proliferating, OEMs adopt CSP MOSFETs to embed them in their original equipment. Leading Market Players with their Product Listed in this Report are: Infineon Technologies STMicroelectronics Texas Instruments ON Semiconductor Nexperia ROHM Semiconductor Vishay Intertechnology Microchip Technology Toshiba Corporation Semikron International Do you have any specific queries or need any customized research on CSP MOSFET Market? Submit your inquiry here @ Recent Developments: In March 2025, Infineon Technologies has introduced its first 60V radiation tolerant P-channel MOSFET for LEO space applications, serving the low to medium power domain in satellite applications. The device enhances the availability of N-channel alternatives, and provides compact, high-reliable solutions for next-generation satellite systems. In May 2025, Nexperia said it has launched 1200V SiC MOSFETs in D2PAK-7 packages which are qualified to AEC-Q101 and have been designed for automotive EV applications, providing superior thermal performance and efficiency. The benefit of using these parts in the application is that the RDS(on) is very low, translating to high power and a substantial system cost savings. Table of Contents - Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. CSP MOSFET Market, by Product Type 8. CSP MOSFET Market, by Application 9. CSP MOSFET Market, by End-User 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
