Photonic IC Market Eyes USD 98.7 Billion by 2031, Driven by Optical Communication Needs

 The global Photonic Integrated Circuits (PIC) market is set to experience unprecedented expansion over the next decade. Valued at USD 10.2 billion in 2022, the industry is projected to grow at a 29.2% compound annual growth rate (CAGR) from 2023 through 2031, reaching USD 98.7 billion by the end...

Healthcare and Geophysics Lead the Charge in SQUID Sensors Market Growth

 The Global SQUID (Superconducting Quantum Interference Device) Sensors Market was valued at USD 155.45 million in 2023, and it is projected to advance at a compound annual growth rate (CAGR) of 4.37%, reaching USD 247.21 million by 2034. This impressive growth reflects the increasing demand for...

Global Industries Prioritize Worker Safety with Advanced Machine Systems

 The global machine safety market, valued at USD 5,732.91 Mn in 2024, is poised for robust expansion, projected to grow at a CAGR of 6.07% between 2025 and 2035, ultimately reaching USD 11,146.90 Mn by 2035. According to analysts, as industries transition towards automation and connected manufacturing...