The construction industry is anticipated to grow by over 1% in 2023, mainly due to the slowdown in the economic growth. The global economy is expected to slow down in 2023 owing to high inflation and tight financial conditions constraining.
The construction industry is anticipated to grow by over 1% in 2023, mainly due to the slowdown in the economic growth. The global economy is expected to slow down in 2023 owing to high inflation and tight financial conditions constraining.
The infrastructure market worth was valued at $4.6 trillion in 2021. Infrastructure construction, which includes roads, railways, power and electricity, water and sewerage, and other infrastructure (which mainly comprises airports and ports), has been bolstered by rising government efforts worldwide.
Lucintel’s latest market report analyzed that power semiconductor provides attractive opportunities in the automotive, consumer electronics, IT and telecommunication, military and aerospace, power and energy, industrial, and other segments. The power semiconductor market is expected to reach $42.9 billion by.
Lucintel’s latest market report analyzed that traffic sensor provides attractive opportunities in the vehicle measurement & profiling, weigh in motion, traffic monitoring, and automated tolling applications. The traffic sensor market is expected to reach $0.58 billion by 2028 with a.
Lucintel’s latest market report analyzed that torque sensor provides attractive opportunities in the test & measurement, automotive, industrial, and aerospace & defense sectors. The torque sensor market is expected to reach $5.8 billion by 2028 with a CAGR of 8.5%..
Lucintel’s latest market report analyzed that ultrasonic sensor provides attractive opportunities in the consumer electronics, automotive, aerospace & defense, healthcare, and industrial industries. The ultrasonic sensor market is expected to reach $3.9 billion by 2028 with a CAGR of 8.5%..
Lucintel’s latest market report analyzed that vibration sensor provides attractive opportunities in the automobile, consumer electronics, healthcare, aerospace & defense, and oil & gas industries. The vibration sensor market is expected to reach $2.7 billion by 2028 with a CAGR.
Alex Kipman is a successful software engineer and entrepreneur with a record of creating innovative tech solutions. He is named the primary inventor of over 150 patents and has received numerous awards for his technical leadership and breakthroughs in the.