The Haptic Technology Market was estimated at USD 9.3 billion in 2021 and has shown strong growth momentum. The market is projected to increase from USD 10.5 billion in 2022 to USD 26.3 billion by 2030, at a compound annual growth rate (CAGR) of 13.9% during the forecast period (2022–2030). This growth is driven by the rising integration of haptic feedback across consumer electronics,...

The Power Semiconductor Market was valued at USD 65.3 billion in 2023 and is poised for sustained expansion in the coming years. The market is expected to grow from USD 69.4 billion in 2024 to USD 99.9 billion by 2032, registering a compound annual growth rate (CAGR) of 6% during the forecast period (2024–2032). This growth is primarily fueled by the increasing demand for energy-efficient...

1. Introduction Introduction: The modern supply chain's methods for managing, retrieving, and storing commodities are being completely transformed by smart warehousing. These state-of-the-art facilities use state-of-the-art technologies to boost productivity overall, increase efficiency, and optimize warehouse operations. Robotics is one of the main forces behind this change, significantly...

The Ultrasonic Sensor Market was valued at USD 5 billion in 2022 and is poised for significant growth over the forecast period. The market is projected to expand from USD 9 billion in 2023 to USD 16 billion by 2030, reflecting a compound annual growth rate (CAGR) of 13.00% during the forecast period from 2023 to 2030. Ultrasonic sensors use sound waves at frequencies above the audible range to...