Electrical & Electronics Industry - Market Research Report

  In 2022, the global   outsourced semiconductor assembly and test services market   was valued at USD 37.22 billion. Projections indicate it will grow to approximately USD 67.92 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 7.9% over the period from 2023 to 2030. The expansion of this market is driven by rising demand in consumer electronics, developments in next-generation electric vehicles, and the increasing importance of semiconductor components in industrial automation and smart manufacturing. Key Market Trends & Insights In 2022, the Asia Pacific region held the largest portion of market revenue, representing 60.2% of the total global share. North America is expected to grow at the fastest rate during the forecast period, with a projected CAGR of 8.5%. Among the service types, the assembly & packaging segment accounted for a dominant 82.0% share of global revenue in 2022. By application, the telecommunication segment was the sing...

The global   night vision device market   size was valued at USD 7.02 billion in 2022 and is projected to reach USD 16.32 billion by 2030, registering a CAGR of 11.5% from 2023 to 2030. The growing adoption of night vision devices among nature enthusiasts and wildlife researchers is expected to significantly contribute to market growth. The affordability and technical feasibility of equipping soldiers with color-capable night vision devices further support this upward trend. These devices, particularly goggles, are extensively used in the military for surveillance, navigation, rescue missions, and combat operations. Law enforcement agencies also rely on night vision goggles for training and to ensure defense personnel are mission-ready. A high-quality set of night vision devices can provide visibility up to 150–200 yards on a moonless, cloudy night, which is anticipated to boost demand during the forecast period. Moreover, technological innovations, such as integrating rangefi...