Medium Voltage Circuit Breaker Global Market Report 2023 – By Product (Air Circuit Breaker (ACB), Vacuum Circuit Breaker (VCB), Gas Circuit Breaker (GCB), Other Products), By Installation (Indoor, Outdoor), By Application (Power Distribution, Power Transmission), By End-User (Residential, Commercial, Industrial, Utility) – Market Size, Trends, And Global Forecast 2023-2032

An application specific integrated circuit (ASIC) is a circuit whose connection layout has been optimized only for a particular application. ASIC can function faster than a programmable logic device or a regular logic integrated circuit since it is designed to do only particular task. The main products of the application-specific integrated circuit are full custom ASIC and semi-custom ASIC and programmable ASIC. A full custom ASIC is one that comprises some (perhaps all) customized logic cells as well as all personalized mask layers. The various applications involved are wireless communication, inferencing applications, acceleration and storage, video and broadcast, process and quality control, security and surveillance and electrical distribution which are used in it and telecommunication, industrial, media and entertainment, automotive, healthcare, aerospace, consumer electronics, and others. The global application specific integrated circuit market is segmented - 1) By Product: Full Custom ASIC, Semi-Custom ASIC, Programmable ASIC 2) By Application: Wireless Communication, Inferencing Applications, Acceleration And Storage, Video And Broadcast, Process And Quality Control, Security And Surveillance, Electrical Distribution 3) By End-Use Industry: IT And Telecommunication, Industrial, Media And Entertainment, Automotive, Healthcare, Aerospace, Consumer Electronics, Other End-users The global application specific integrated circuit market size is expected to grow from $15.23 billion in 2022 to $16.43 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The application specific integrated circuit market size is expected to reach $21.28 billion in 2027 at a CAGR of 6.7%. The growing adoption of cryptocurrencies is expected to propel the growth of the application specific integrated circuit market going forward. A cryptocurrency is a type of digital currency that is produced utilizing encryption methods. With the use of encryption technology, cryptocurrencies serve as both a medium of exchange and a virtual accounting system. Application specific integrated circuit devices are used in mining cryptocurrency by using heavy and advanced computing, Hance, the adoption of cryptocurrencies expands the market. For instance, according to the International Monetary Fund, a US-based leading United Nations financial agency, and an international financial institution, in 2021, the cryptocurrency market value nearly tripled to reach an all-time high of $2.5 trillion. Therefore, the growing adoption of cryptocurrencies is driving the growth of application specific integrated circuit market. Major players in the application specific integrated circuit market are Infineon Technologies AG, Semiconductor Components Industries LLC, OmniVision Technologies Inc., Tekmos Inc., Seiko Epson Corporation, Socionext America Inc., Intel Corporation, Texas Instruments Incorporated, STMicroelectronics N.V., Qualcomm, Onsemi, Maxim Integrated, Renesas Electronics Corporation, Broadcom Inc., Comport Data Inc., Fujitsu Limited, and NXP Semiconductors N.V. Technological advancement is the key trend gaining popularity in the application-specific integrated circuit market. Major companies operating in the application-specific integrated circuit market are focused on developing innovative technologies to strengthen their position in the market. For instance, in February 2023, Fortinet, a US-based company, that manufactures and distributes cybersecurity products, launched FortiSP5 the most recent advancement in ASIC technology making significant progress in protecting dispersed network edges. FortiSP5 provides significant secure computing power gains over traditional CPU and network ASICs, as well as lower cost and power consumption and the ability to provide new secure infrastructure across branches, campuses, 5G, edge computing, and operational technologies. It also provides encryption that is 32 times faster to protect sensitive data and secure virtual private networks, among other benefits. In March 2021, Qualcomm Incorporated, a US-based manufacturer of wireless technology-related semiconductors, software, and services acquired NuVia Inc. for $1.4 billion. Through this acquisition, NuVia Inc. will expand Qualcomm Incorporated's position as a technology leader in the Windows, Android, and Chrome ecosystems while improving the CPU roadmap. Also, The partnership is expected to develop a new category of industry-standard high-performance computing systems. NuVia Inc. is a US-based company that designs and manufactures application-specific integrated circuits and memory compilers. North America was the largest region in the application specific integrated circuit market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global application specific integrated circuit market report during the forecast period. The regions covered in the global application specific integrated circuit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the application specific integrated circuit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The application specific integrated circuit market consists of sales of application-specific integrated circuit chip that manages the interface between memory and a microprocessor for a workstation CPU, chip for a spaceship, chip for a speaking toy bear and a chip that houses a microprocessor as well as additional functionality. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The application specific integrated circuit market research report is one of a series of new reports from The Business Research Company that provides application specific integrated circuit market statistics, including application specific integrated circuit industry global market size, regional shares, competitors with application specific integrated circuit market share, detailed application specific integrated circuit market segments, market trends, and opportunities, and any further data you may need to thrive in the application specific integrated circuit industry. This application specific integrated circuit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electrical and electronics produce products that generate, distribute and use electrical power, or electronic products such as audio, video, and semiconductors. This market does not include computers, computer peripherals, and telecommunications equipment. The main types of electrical and electronics are electrical equipment, measuring and control instruments, and electronic products. Any apparatus, appliance, cable, conductor, fitting, insulator, material, meter, or wire that is used for controlling, generating, supplying, transforming, or transmitting electricity at a voltage greater than extra-low voltage or is powered by electricity at a voltage greater than extra-low voltage is considered as electrical equipment. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electrical and electronics market is segmented - 1) By Type: Electrical Equipment, Measuring and Control Instruments, Electronic Products 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables, Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments, Audio And Video Equipment, Semiconductor And Other Electronic Component The global electrical and electronics market size grew from $3454.94 billion in 2022 to $3739.37 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of electrical and electronics is expected to grow to $4986.91 billion in 2027 at a CAGR of 7.5%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electrical and electronics products. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of the electrical and electronics market during the forecast period. Major companies in the electrical and electronics market include Samsung Electronics Co. Ltd., Siemens AG, LG Electronics, Taiwan Semiconductor Mfg. Co Ltd., Panasonic Corporation, Thermo Fisher Scientific, Apple, Haier Smart Home Co., Ltd., Schneider Electric SE, and SK Hynix Inc. Virtual reality technology is being adopted by electronic manufacturing companies to improve manufacturing efficiency. This technology in the electrical and electronics industry analysis is often referred to as digital design, simulation, and integration. Virtual reality minimizes the scope for product defects in the design phase. For instance, virtual reality technology enables companies to inspect design objects at all conceivable scales, thereby eliminating defects in the product in the design stage. For instance, some of the major companies adopting virtual reality include Integrated Microelectronics, Inc., Flextronics International Ltd., Benchmark Electronics, Inc., and Kimball International. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electrical and electronics manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the electrical and electronics market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Asia-Pacific was the largest region in the global electrical and electronics market in 2022. North America was the second largest region in the electrical and electronics market share. The regions covered in the electrical and electronics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electrical and electronics market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The electrical and electronics market consists of sales of photoresist and photoresist ancillaries, superconductors, photoelectric sensors, automotive dc-dc converters, surface inspection, temperature sensors, fingerprint sensors, quantum dot, touch screen controllers, torque sensors, pressure sensors, silicon photonics, automotive wiring harness and other electrical and electronics components. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electrical and electronics market research report is one of a series of new reports from The Business Research Company that provides electrical and electronics market statistics, including electrical and electronics industry global market size, regional shares, competitors with an electrical and electronics market share, detailed electrical and electronics market segments, market trends and opportunities, and any further data you may need to thrive in the electrical and electronics industry. This electrical and electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electrical and electronics ceramics refers to a specific type of ceramic material that is utilized to perform various electronic functions and applications due to its properties such as thermal, chemical, and mechanical stability, and electrical and magnetic properties. They are commonly used in a wide range of electronic items, including cell phones, laptops, televisions, automotive electronics, and medical devices. It is also used in energy conversion, storage, industry, optical, and magnetic applications. The main types of products in electrical and electronic ceramics are monolithic ceramics, ceramic matrix composites, ceramic coatings, and other products. The monolithic ceramics are used in commercial production applications such as weapons, armor, shuttles, and the aerospace industry. Monolithic ceramics are referred to as ceramics consisting of fibrous or laminated composites exhibiting properties such as high stiffness and hardness, resistance to wear, corrosion, and oxidation. The different material types include alumina ceramics, titanate ceramics, zirconia ceramics, silica ceramics, and others that are used by home appliances, power grids, medical devices, mobile phones, and other end-users. The global electrical and electronics ceramics market is segmented - 1) By Product: Monolithic Ceramics, Ceramics Matrix Composites, Ceramics Coatings, Other Products 2) By Material: Alumina Ceramics, Titanate Ceramics, Zirconia Ceramics, Silica Ceramics, Other Materials 3) By End-User: Home Appliances, Power Grids, Medical Devices, Mobile Phones, Other End-Users The global electrical and electronics ceramics market size grew from $11.48 billion in 2022 to $12.43 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The electrical and electronics ceramics market size is expected to grow to $16.45 billion in 2027 at a CAGR of 7.3%. The growing semiconductor and electronics industry is expected to propel the growth of the electrical and electronics ceramics market going forward. Semiconductors are referred to as materials with a resistance that falls between conductors and insulators. These are widely used in the electronics industry and in electronic devices such as diodes, transistors, and integrated circuits. Electrical ceramics, also known as piezoelectric ceramics, are gaining popularity in consumer electronics due to their ease of fabrication in a wide range of forms and sizes, which adds greatly to the miniaturization of electro-mechanical characteristics. For instance, according to IPC, a US-based trade association for electronic equipment and assemblies, in 2020, the US electronics manufacturing industry was responsible for more than $ 1 trillion in final sales and indirectly and directly contributed $ 714 billion (3.7 percent) to the U.S. GDP. Furthermore, according to the Japan Electronics and Information Technology Industries Association, in 2020 the US semiconductor industry accounted for $ 433.1 billion. Therefore, the growing semiconductor and electronics industries are anticipated to propel electrical and electronics ceramics market growth in the near future. Major players in the electrical and electronics ceramics market are CeramTec GmbH, CoorsTek Inc., Kyocera Corporation, Mantec Technical Ceramics Ltd., Morgan Advanced Materials PLC., NGK Spark Plug Co. Ltd., Rauschert Steinbach GmbH, ENRG Inc., Vinayak Techno Ceramics, Ravikiran Ceramics Pvt Ltd., Anoop Ceramics, Aum Metals And Techno-Ceramics Private Limited, and Ceradyne Inc. Technological advancements are the key trend gaining popularity in the electrical and electronics ceramics market. Major companies operating in the electrical and electronics ceramics market sector are focused on developing technologically advanced products to strengthen their market position. For instance, in June 2021, CeramTec, a Germany-based ceramic manufacturing company, launched a new ceramic power semiconductor module for drive inverters in e-mobility. The company has developed a ceramic chip-on-heatsink technology that uses ceramic coolers that de-heat semiconductor chips, providing efficient cooling. In May 2021, Fralock Holdings LLC, a US-based manufacturer of engineered solutions for critical applications, acquired Ceramic Tech Incorporated (CTI) for an undisclosed amount. This acquisition would allow Fralock Holdings LLC to investigate new formulations in both oxidized and non-oxidized ceramics, owing to CTI's technical expertise and dominant market position. Also, the acquisition expands Fralock Holdings' bench strength and profound technical competence by over 30 new employees. Ceramic Tech Incorporated (CTI) is a US-based producer of high purity, semiconductor, and electronic grade ceramic materials. Asia-Pacific was the largest region in the electrical And electronics ceramics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the electrical And electronics ceramics market during the forecast period. The regions covered in the electrical and electronics ceramics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electrical and electronics ceramics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electrical and electronics ceramics market consists of sales of dielectric ceramics, electrostrictive ceramics, ferrite ceramics, garnets (ferromagnets), and piezoelectric ceramics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resale either further along the supply chain or as part of other products. The electrical and electronics ceramics market research report is one of a series of new reports from The Business Research Company that provides electrical and electronics ceramics market statistics, including electrical and electronics ceramics industry global market size, regional shares, competitors with electrical and electronics ceramics market share, detailed electrical and electronics ceramics market segments, market trends, and opportunities, and any further data you may need to thrive in the electrical and electronic ceramics industry. This electrical and electronics ceramics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electrical equipment produces products that generate, distribute and use electrical power. Electrical equipment's primary function is to accomplish work by converting electrical energy and controlling electrical energy, including protecting systems, property, and people. The main types of electrical equipment are electric lighting equipment, household appliances, power generation, transmission, and control equipment, batteries and wires, and cables. Home appliances are electrical machines that aid in household functions such as cooking, cleaning, and food storage. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electrical equipment market is segmented – 1) By Type: Electric Lighting Equipment, Household Appliances, Power Generation, Transmission And Control Equipment, Batteries, Wires And Cables 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: General Lighting, Automotive Lighting, Back Lighting, Small Electrical Appliance, Household Cooking Appliance, Household Refrigerator And Home Freezer, Household Laundry Equipment, Other Major Household Appliance, Transformer, Electric Motor And Generator, Switchgear And Switchboard Apparatus, Relay And Industrial Controls, Secondary Batteries, Primary Batteries, Other Cables, Coaxial Cables, Fiber Optical Cable The global electrical equipment market size grew from $1503.21 billion in 2022 to $1630.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of electrical equipment is expected to grow to $2190.31 billion in 2027 at a CAGR of 7.7%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster electronic equipment. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products which will ultimately drive the growth of the electronic equipment manufacturing market during the forecast period. Major companies in the electrical equipment market include Samsung Electronics Co. Ltd., Haier Smart Home Co. Ltd., Siemens AG, LG Electronics, Sumitomo Electric Industries Ltd., Panasonic Corporation, Schneider Electric SE, Qingdao Haier Co. Ltd., Daikin Industries Ltd., and Whirlpool Corp. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the electrical equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the electrical equipment industry will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. The increasing use of portable electronic devices such as smartphones and tablets has led to the development of USB receptacles. USB receptacles offer convenient access to charge any kind of electronic device. The use of USB receptacles also eliminates the need to carry charging adapters. For example, EATON manufactures USB receptacles that have tamper-resistant shutters and LED indicator lights and can be used to charge electronic devices such as tablets, mobile phones, cameras, and MP3 players. For instance, some of the major companies manufacturing USB receptacles include Eaton, GE, and Philips. Asia-Pacific was the largest region in the electrical equipment market in 2022. Western Europe was the second largest region in the electrical equipment market share. Africa was the smallest region in the global electrical equipment market analysis report. The regions covered in the electrical equipment industry overview report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the global electrical equipment market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The electrical equipment and component market consists of sales of power converters (i.e., AC to DC and DC to AC), power supplies, surge suppressors, and other general electrical equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electrical equipment market research report is one of a series of new reports from The Business Research Company that provides electrical equipment market statistics, including electrical equipment industry global market size, regional shares, competitors with an electrical equipment market share, detailed electrical equipment market segments, market trends and opportunities, and any further data you may need to thrive in the electrical equipment industry. This electrical equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The electrical conduit refer to tubes in which electrical wires are housed for a variety of building or structural applications. It protects and routes electrical wiring in a building or structure. The use of an electrical conduit protects wires from damage from the outside environment for a long time and gives them a proper passage. The main types of electrical conduit are rigid and flexible. Rigid electrical conduit is typically used outdoors to provide protection from damage and can provide structural support for electrical cables, panels, and other equipment. Flexible electrical conduit has a spiral construction that makes it flexible so it can snake through walls and other structures. It is generally used in dry indoor locations, often for short runs between a wall box and a motor or fixed appliance, such as a garbage disposer. The different electrical conduit materials include metallic and non-metallic and are used in various end-use industries such as building and construction, industrial manufacturing, IT and telecom, oil and gas, energy and utility, and others. The global electrical conduit market is segmented - 1) By Type: Rigid, Flexible 2) By Material: Metallic, Non Metallic 3) By End Use Industry: Building And Construction, Industrial Manufacturing, IT And Telecom, Oil And gas, Energy And Utility, Other End-Users The global electrical conduit market size grew from $6.3 billion in 2022 to $6.9 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The global electrical conduit market size is expected to grow to $9.65 billion in 2027 at a CAGR of 8.7%. The rise in demand for electricity or power generation is expected to drive the electrical conduit market. The rise in demand for electricity generation is caused by the rapid pace of industrialization and urbanization, which creates the need for electrical conduits. According to the new IEA (International Energy Agency) report in 2021, there is an expected rise of 5% in electricity demand. In another instance, according to Canada’s Upstream Oil & Natural Gas Industry, with the global population expected to increase by about two billion over the next two decades, it is estimated that by 2040, electricity generation is expected to increase by 49%. Therefore, the rise in demand for electric power generation is expected to drive the growth of the electrical conduit market. Major players in the electrical conduit market are ABB Group, Ali Axis Group, Atkore International Group, Inc., Cantex, Inc., Champion Fiberglass, Inc., China Lesso Group Holdings Ltd., Dura-Line Corporation, HellermannTyton Group PLC., Hubbell Incorporated, Legrand, Nan Ya Plastics Corporation, OPW Corporation, Robroy Industries Inc., Schneider Electric SE, Sekisui Chemical Co, Thomas and Betts Corporation, Wienerberger AG, Zekelman Industries Inc., AFC Cable Systems, AKG Group, Anamet Electrical, Inc., Astral Poly Technik Ltd., Calpipe Industries Incorporated, D.P. Jindal Group, Eaton Corporation PLC., Electri-Flex Company, igus Inc., International Metal Hose Company, and JM Eagle. Technological advancements are a key trend gaining popularity in the electrical conduit market. Companies in the electrical conduit market are continuously focusing on innovations for better and safer conduit systems. For instance, in 2021, Finolex Cables, an India-based electric cable company, added conduits and fittings for its repository. The specially formulated PVC is made up of high-impact resistant materials, which makes them safe for use across diverse environmental conditions and meets the most stringent international standards. In October 2020, Atkore International Group Inc., a USA-based cable management company, acquired the assets of Queen City Plastics, Inc. for an undisclosed amount. The acquisition is expected to strengthen Atkore’s existing product portfolio and enable it to better serve customers in the Southeast and mid-Atlantic regions of the United States. Queen City Plastics is a USA-based manufacturer of PVC conduit, elbows, and fittings for the electrical market. Asia-Pacific was the largest region in the electrical conduit market in 2022. Asia-Pacific is expected to be the fastest growing market in the electric conduit market during the forecast period. The regions covered in electrical conduit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electrical conduit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electrical conduit market consists of sales of conduit bodies, bends, coupling, drains. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this electrical conduit market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electrical conduit market research report is one of a series of new reports from The Business Research Company that provides electrical conduit market statistics, including electrical conduit industry global market size, regional shares, competitors with an electrical conduit market share, detailed electrical conduit market segments, market trends and opportunities, and any further data you may need to thrive in the electrical conduit industry. This electrical conduit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An integrated circuit is a small chip that acts as an amplifier, an oscillator, a timer, and a memory computer. An integrated circuit is a small wafer that can accommodate hundreds to millions of transistors, resistors, and capacitors. Integrated circuits are used in various applications such as automobiles, telecommunication, aerospace and defense, and consumer electronics. The main types of integrated circuits are general-purpose IC and application-specific IC. An application-specific integrated circuit is a type of integrated circuit designed specifically for a particular application or function. The various products of integrated circuits are digital IC, analog IC and mixed-signal IC that are used for automotive, industrial, consumer electronics, IT and telecommunication, health care, aerospace and defense and other applications. The global integrated circuits market is segmented - 1) By Product Type: Digital IC, Analog IC, Mixed-Signal IC 2) By Application: Automotive, Industrial, Consumer Electronics, IT & Telecommunication, Health Care, Aerospace & Defense, Other Applications 3) By Type: General-purpose IC, Application-specific IC The global integrated circuits market will grow from $389.31 billion in 2022 to $427.02 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global integrated circuits market is expected to grow to $596.77 billion in 2027 at a CAGR of 8.7%. The increasing adoption of the Internet of things (IoT) is expected to drive the integrated circuits (ICs) market in the forecast period. ICs allow us to sense, understand, and transmit intelligent data. IoT is expected to boost the growth of the integrated circuit market due to various benefits of using analog ICs across a wide range of real-time connected devices and applications. Analog ICs have efficient power consumption features and the signals processing capabilities needed to configure an automated devices ecosystem. For instance, according to the Gartner Symposium, there are 25 billion internet-connected devices in 2021. Each of these devices required ICs that contain embedded technology to communicate and sense or interact with the environment. Therefore, increasing the adoption of IoT devices will increase the demand for ICs and hence it is expected to drive growth of the integrated circuits market. Major players in the integrated circuits market are Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, and Qualcomm. Complexity in the design of automotive integrated circuits acts as a major challenge in the integrated circuits market. The structure chain of automotive IC is complex when compared to mobile phones, electronic home appliances, such as televisions and remote controllers. It makes difficult to develop highly reliable automotive ICs. For instance, consumers are demanding more automotive capability, car safety and high-reliability requirement and semiconductors play a major part in these innovative solutions. Many of the semiconductors now part of Advanced Driver Assistance Systems (ADAS) is critical to the vehicle's function and safety where faults cannot be tolerated. Therefore, complex designing of highly reliable automotive ICs hinders the market’s growth. Increased use of next-generation mobile networks, such as 4G and 5G, requires the installation of new infrastructure. Chipsets such as radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are mainly used in the development of 5G infrastructure, which creates a high demand for integrated circuits. Deployment of 5G as the demand driver that will require semiconductors for infrastructure is rose the revenue of semiconductors from US$422.8 billion in 2019 to US$448 billion in 2020. In July 2020, Analog Devices, an American semiconductor manufacturing company, acquired Maxim Integrated for $20.9 billion.Through this acquisition, Analog Devices will be able to broaden its footprint in the market, expanding sales of analog and mixed-signal integrated circuits, power management systems, radio frequency products, and digital processors and sensors. Maxim Integrated, an American, publicly traded company that designs, manufactures, and sells analog and mixed-signal integrated circuits. Asia-Pacific was the largest region in the integrated circuits market in 2022. North America was the second-largest region in the global integrated circuits market share. The regions covered in the global integrated circuits market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the integrated circuits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The integrated circuits market consists of sales of analog integrated circuits, digital integrated circuits, mixed-signal integrated circuits, and other integrated circuits. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The integrated circuits market research report is one of a series of new reports from The Business Research Company that provides integrated circuits market statistics, including integrated circuits industry global market size, regional shares, competitors with a integrated circuits market share, detailed integrated circuits market segments, market trends and opportunities, and any further data you may need to thrive in the integrated circuits industry. This integrated circuits market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The circuit protection refers to the device that detects current or voltage and protects a circuit against overcurrent or overvoltage problems. To provide the maximum level of security, several protective devices are available on the market, including fuses, circuit breakers, RCCBs, gas discharge tubes, thyristors, and others. The main types of circuit protection are overcurrent protection, electrostatic discharge (ESD) protection, and overvoltage protection. Overcurrent protection is a way of limiting or disabling current flow using hardware and other electrical components. The device used is circuit breakers, fuses, ESD protection devices, and surge protection devices that are channelized into original equipment manufacturer (OEM), retail, and wholesale. There are various end-users to circuit protection such as automotive and transportation, electrical and electronics, energy, construction, industrial, and others. The global circuit protection market is segmented - 1) By Type: Overcurrent Protection, Electrostatic Discharge (ESD) Protection, Overvoltage Protection 2) By Device: Circuit Breakers, Fuses, ESD Protection Devices, Surge Protection Devices 3) By Channel Outlook: Original Equipment Manufacturer (OEM), Retail, Wholesale 4) By End-User: Automotive And Transportation, Electrical And Electronics, Energy, Construction, Industrial, Other End Users The global circuit protection market size grew from $45.09 billion in 2022 to $50.89 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global circuit protection is expected to grow to $82.4 billion in 2027 at a CAGR of 12.8%. The growing demand for smartphones, PCs, laptops, and tablets is expected to drive the growth of the circuit protection market. Circuit protection is used to protect a device from damage caused by excessive flow of current. This situation can occur in electronic devices such as smartphones. By installing circuit protection, such a situation can be avoided. In April 2021, according to the report published by Canalys, a market analyst firm, PC sales have remained stagnating for years due to the rise of smartphones. Over the last year, global shipments of desktops, laptops, and workstations have surged by 55%. The raw numbers—82.7 million units—make it the company's highest first-quarter shipment order since 2012. Notebook and mobile workstation shipments have surged by 79% year over year to 67.8 million units. Therefore, the rising demand for smartphones, PCs, and tablets drives the circuit protection market growth. Major players in the circuit protection market are ABB Ltd., Siemens AG, Bel Fuse Inc., Schneider Electric SE, General Electric Company, Rockwell Automation Inc., Eaton Corporation PLC., Mitsubishi Electric Corporation, Larsen And Toubro Ltd., Texas Instruments Incorporated, NXP Semiconductors N.V., Alstom, Hitachi Ltd and Keko-Vericon. Product launch shaping the circuit protection market. Companies are creating new and advanced products to satisfy market needs. In February 2020, Bel Fuse Inc., a US-based company launched the OZCM series. Bel Fuse is now the only vendor having 10mA, 20mA, and 30mA solutions in a compact, AEC-Q-compliant form factor. The series has a 50mA to 200mA operating range, a maximum current of 40 A, a maximum voltage of 9-15 V DC, and a temperature range of -40 °C to 85 °C. The 0ZCM Series provides the low DCR resistance and quick trip time required for current automobile applications. It's ideal for gaming console ports, PDAs and digital cameras, disc drives, streaming devices, CD-ROMs, and other USB peripherals, as well as motherboard plug and play protection. In April 2022, Littelfuse, Inc., a US-based electronic manufacturing company acquired C&K Switches for $540 million. This acquisition would increases growth across a wide range of end markets for Littlefuse Inc. C&K Switches is a US-based manufacturer of circuit protection and circuit breaker components. North America was the largest region in the circuit protection market in 2022. The regions covered in circuit protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the circuit protection market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The circuit protection market consists of sales of fuse, circuit breaker, polyswitch, RCCB, metal oxide varistor, and gas discharge tube. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The circuit protection market research report is one of a series of new reports from The Business Research Company that provides circuit protection market statistics, including circuit protection industry global market size, regional shares, competitors with a circuit protection market share, detailed circuit protection market segments, market trends and opportunities, and any further data you may need to thrive in the circuit protection industry. This circuit protection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Printed circuit boards are electric boards, which help wiring surface-mounted and socketed components that are contained within a mechanical structure in most electronics. Their primary function is to physically support and electrically attach electronic devices by printing conductive pathways, tracks, or signal traces on copper sheets attached to a non-conductive substrate. They are used to connect electronic and electrical components without the use of wires. The main types of printed circuit boards are single-sided, double-sided, multi-layered, high-density interconnect (HDI), and others. The single-sided PCBs are made out of a single layer of base material where the conductive copper and components are mounted on one side of the board and the conductive wiring is connected on the other side. The different substrates include rigid, flexible, and rigid-flex and consist of various laminate types such as paper, FR-4, polyimide, and others. The printed circuit boards are used by various end-use industries such as industrial electronics, healthcare, aerospace & defense, automotive, IT and telecom, consumer electronics, and others. The global printed circuit board market is segmented - 1) By Type: Single Sided, Double Sided, Multi-Layer, High Density Interconnect (HDI), Other Types 2) By Substrate: Rigid, Flexible, Rigid-Flex 3) By Laminate Type: Paper, FR-4, Polymide, Other Laminate Types 4) By End-Use Industry: Industrial Electronics, Healthcare, Aerospace And Defense, Automotive, IT And Telecom, Consumer Electronics, Other End-Users The global printed circuit board market size grew from $62.18 billion in 2022 to $69.6 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the printed circuit board market is expected to grow to $104.99 billion in 2027 at a CAGR of 10.8%. The increasing electric vehicle sales are expected to propel the growth of the printed circuit board market in the forecast period. Electric vehicles (EVs) are those that are powered entirely or partially by electricity. Printed circuit boards (PCBs) are used to connect electrical components in electric vehicles, such as simple audio and display systems. PCBs are also used in the production of charging stations, which allow electric vehicle users to charge their vehicles. For instance, according to Bloomberg New Energy Finance (BNEF), a UK-based company that provides analysis, statistics, and news on the energy sector's transition, EVs is predicted to account for 10% of worldwide passenger car sales by 2025, growing to 28% in 2030 and 58% in 2040. Major players in the printed circuit board market are TTM Technologies, Nippon Mektron Ltd., Samsung Electro-Mechanics, Unimicron Technology Corporation, Advanced Circuits, Tripod Technology Corporation, DAEDUCK ELECTRONICS Co.Ltd., Flex Ltd., Eltek Ltd., Sumitomo Electric Industries, Dongshan Precision, and Zhen Ding Technology Holding Limited (ZDT). The use of biodegradable materials in printed circuit boards (PCBs) is shaping the printed circuit board market. Manufacturers are concentrating on decreasing electronic waste by replacing standard substrates with more ecologically friendly alternatives, which might help reduce the electronics sector's overall environmental effect while also potentially lowering assembly and manufacturing costs. For instance, in August 2022, the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab), a US-based research institute, developed a fully recyclable and biodegradable printed circuit to avoid mitigate the health and environmental hazards posed by heavy metal waste from landfill. These printed circuit boards (PCBs) are composed of biodegradable polyester binders, conductive fillers such as silver flakes or carbon black, and enzyme cocktails, in which conductive ink provides electrical conductivity from the silver or carbon black particles and the biodegradable polyester embedded with purified enzymes such as Burkholderia cepacian lipase (BC-lipase) promotes the easy degradation of polymer chain into monomer . In July 2020, Summit Interconnect, Inc., a US-based manufacturer of printed circuit boards acquired ITL Circuits for an undisclosed amount. Through this acquisition, ITL Circuits provides a significant expansion of Summit’s operations in North America. ITL Circuits is a Canada-based manufacturer of printed circuit boards. Asia-Pacific was the largest region in the printed circuit board market in 2022. Asia-Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed circuit board market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical tricorder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The printed circuit board market consists of sales of single-sided printed circuit boards, double-sided printed circuit boards, multi-layer printed circuit boards, and other printed circuit boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The printed circuit board market research report is one of a series of new reports from The Business Research Company that provides printed circuit board market statistics, including printed circuit board industry global market size, regional shares, competitors with a printed circuit board market share, detailed printed circuit board market segments, market trends and opportunities, and any further data you may need to thrive in the printed circuit board industry. This printed circuit board market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.