Electrical & Electronics Industry - Market Research Report

  The global   burglar alarm systems market   was valued at USD 4.16 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. In recent years, intruder alarm systems have seen considerable advancements. Emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT) have transformed the broader security systems landscape. Future-oriented innovations like IoT are also facilitating the development of smart homes. Additionally, enhancements in sensor data fusion technology have boosted demand for advanced security solutions among end-users. For example, in November 2022, Arlo Technologies, Inc., a U.S.-based provider of wireless surveillance products, launched the Arlo Home Security System. This system features a new, all-in-one multi-sensor capable of performing eight distinct sensing functions. The burglar alarm systems market has seen rapid growth, driven by continuous technological improvement...

The global  architectural lighting market  was valued at USD 10.20 billion in 2024 and is projected to expand at a CAGR of 7.7% from 2025 to 2030. This market represents a dynamic and swiftly evolving sector, focused on improving the functionality, aesthetics, and sustainability of lighting across a wide range of architectural applications. Key growth drivers include rapid urbanization and expanding infrastructure development, particularly within emerging economies. Component Insights In 2024, the ballasts segment led the market, contributing over 18.0% of total revenue. The increasing adoption of LED lighting has fueled the demand for LED-compatible ballasts, which are essential for enhancing system performance, reliability, and energy efficiency. These ballasts play a pivotal role in optimizing LED operation, ensuring consistent and efficient performance across diverse applications. Additionally, the growing retrofit market continues to drive growth in this segment. Source I...

  The global   radio frequency (RF) components market   was valued at USD 41,934.4 million in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 13.7% from 2025 to 2030. Ongoing innovations and developments in mobile handset technologies, driven by the shift from 2G and 3G to 4G/LTE, LTE-Advanced, LTE-Advanced Pro, and 5G, are increasing the demand for enhanced power efficiency and broader spectrum capabilities in mobile devices. This trend is expected to significantly boost the demand for RF components throughout the forecast period. According to The World Bank Group, as of 2023, approximately one-third of the global population still lacks internet access. As internet penetration continues to rise, the RF components market is poised for substantial growth. In July 2024, Smiths Interconnect introduced the "Mini-Lock Connector," designed for mission-critical applications requiring dependable high-frequency connectivity. Capable of operating up to 11...