Ceramified Cable Market Set to Exceed USD 458.0 Billion by 2031: Key Trends and Growth Insights

Ceramified Cable market is projected to reach a valuation of US$ 458.0 billion by the conclusion of the forecast period in 2031. Furthermore, the report anticipates that the market will grow at a compound annual growth rate (CAGR) of 7.9% between 2023 and 2031.
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Gas Sensors Market Gains Momentum with Innovations in Wireless & Portable Detection Systems
The global gas sensors market is set for robust growth, projected to rise from approximately USD 1.4 billion in 2022 to USD 3.5 billion by 2031. This surge is fueled by the increasing adoption of AI-enabled and IoT-connected sensing platforms, which support predictive maintenance, real-time alert automation, and seamless integration with cloud-based systems.
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LED Retrofit Market to Reach USD 7.6 Billion by 2034, Driven by Energy-Efficient Lighting Demand

The global LED retrofit market is projected to grow at a compound annual growth rate (CAGR) of approximately 8.8% during the forecast period (2024-2034). By the end of 2034, the market is expected to surpass a valuation of $ 7.6 billion, driven by rising investments in smart classrooms and corporate digitalization.
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Power GaN Devices Market Witnesses Robust Surge Amid Electrification Boom

Power GaN devices enable faster charging and lighter powertrain designs for electric vehicles (EVs), while in telecommunications, these devices support high-efficiency power amplifiers and base station deployments for next-gen networks. Additionally, consumer electronics are increasingly integrating GaN chargers and adapters due to their fast-charging capabilities and compact sizes.
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Multispace Parking Meter Market Overview: Trends, Growth, and Forecast 2024–2032

Multispace parking meter market is expected to reach USD 1 billion by 2031, expanding at a CAGR of 8.8% from 2021 to 2031. The rise in vehicle ownership, increased traffic congestion, and the need for effective revenue generation from public parking spaces are key factors propelling this market.
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