Electrical & Electronics Industry - Market Research Report

  The   U.S. hair dryer market   size was estimated at USD 2.24 billion in 2023 and is projected to grow at a CAGR of 5.4% from 2024 to 2030. This growth is largely attributed to rising living standards and an increased emphasis on physical appearance. Evolving fashion trends in hair care and styling, combined with the influence of hair styling showcased in films and on fashion runways, are contributing significantly to the growing sales of hair dryers across all age groups in the U.S. A key factor propelling market expansion is the growing number of professional salons in the country. This development, along with heightened awareness about personal grooming, is driving the demand for advanced hair dryers. Prominent salon chains are making substantial investments to expand their customer base and are increasingly adopting professional-grade hair styling tools, including hair dryers. Consequently, the increase in professional salons is expected to positively impact market ...

  The global   dual screen laptops market   was valued at USD 2.65 billion in 2023 and is projected to reach USD 3.35 billion by 2030, expanding at a CAGR of 3.6% from 2024 to 2030. Dual screen laptops are designed with two integrated displays in a single unit. The increasing popularity of these laptops in the gaming sector is anticipated to significantly boost market demand during the forecast period. These devices support advanced multitasking and provide high computing performance, making them especially appealing for gamers. Furthermore, the rising consumer inclination towards technologically sophisticated personal computing devices is expected to fuel market growth in the coming years. Historically, multitasking during online gaming has been challenging due to the need for constant focus and uninterrupted interaction. Gamers have often relied on smartphones or tablets as secondary screens to support simultaneous activities. Dual screen laptops effectively address thi...

  The global   smart electricity meters market   is projected to reach USD 21.81 billion by 2030, expanding at a CAGR of 7.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Market growth is being driven by a combination of factors, including the promotion of green energy, improved transmission efficiency, and the integrated nature of the smart meter value chain—particularly the ability to deliver real-time data on energy consumption and tariffs. These elements are expected to provide a strong competitive edge. Regions such as Europe and the Asia Pacific are poised to become major contributors to this growth. In the Asia Pacific region, rapid technological advancements are prompting the need to upgrade legacy systems to boost operational efficiency. Companies are increasingly investing in advanced infrastructure powered by technologies such as the Internet of Things (IoT). IoT-enabled smart meters streamline meter readings and enhance billing acc...

  The global   DC-DC converter market   was valued at USD 10.79 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 11.4% from 2024 to 2030. One of the main factors propelling this growth is the increasing demand for energy-efficient power conversion solutions across a wide range of industries. The rapid development of renewable energy sources, including solar and wind, has created a pressing need for effective DC-DC converters to ensure proper power management and integration into electrical grids. Moreover, the growing use of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is a significant driver, as these vehicles depend on DC-DC converters to manage their battery systems and internal power distribution. Additional momentum comes from the expansion of telecommunications infrastructure, particularly with the global deployment of 5G technology. This new generation of telecommunication equipment demands high-efficiency power m...