The industrial power supply market is estimated to be worth US$ 8.2 billion in 2024 and is projected to be valued at US$ 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and efficient power supplies. This demand stems from the necessity of providing stable and accurate power delivery to… Continue

According to Future Market Insights (FMI), the commercial water heater market is estimated to be worth US$ 8.2 Billion in 2024 and is projected to be valued at US$ 16 Billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 6.9%. Economic growth and increased construction activities, particularly in commercial sectors such as hospitality, healthcare, and manufacturing, drive the demand for water heaters. New commercial buildings, hotels, and industrial facilities… Continue

The runway lighting market is poised for substantial growth, with forecasts indicating a valuation of US$ 722.1 million by 2024. This remarkable surge is attributed to a heightened awareness and enhanced comprehension of runway lighting capabilities. The market is positioned to explore new opportunities, demonstrating a CAGR of 4.7% from 2024 to 2034. Expectations suggest the market could reach an estimated overall valuation of around US$ 1,187.4 million by 2034.



The runway lighting… Continue

The public announcement system market is predicted to be valued at US$ 976 million in 2024 and US$ 1,715.10 million by 2034. Over the projection period, the public announcement system market is expected to surge at a CAGR of 5.60%.



Integrating artificial intelligence and IoT technologies within the public announcement system is a significant driver. These technological advancements are reshaping traditional public announcement system into intelligent, adaptive system capable of… Continue