Electronic rising

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The growing communication sector, coupled with the rising usage of consumer electronics around the world is a key factor augmenting the market growth. In addition, the rising sales of smartphones have increased the usage of RF duplexers for improved performance, longer battery life, and compatibility with features based on AI. Moreover, the integration of IoT solutions across residential, consumer, and industrial applications further spurs industry growth in the coming years.

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Valued at $1,456.2 million in 2019, the global light sensor market is predicted to witness a CAGR of 9.5% during the forecast period (2020–2030). The major factors driving the growth of the industry are the expansion of the automotive sector and rising demand for consumer electronics.

The automotive electronics market revenue stood at $235.7 billion in 2019, and it is predicted to rise to $615.3 billion by 2030. Furthermore, the market is predicted to progress at a CAGR of 9.3% between 2020 and 2030. The key factors driving the expansion of the market are the soaring sales of vehicles and increasing implementation of government regulations and policies in several countries for making vehicles fuel-efficient and safer.

Valuing $112.0 million in 2019, the global 5G radio frequency (RF) transceiver market is predicted to display a CAGR of 30.4% during 2020–2030. The key reasons leading to the increasing sale of such electronic instruments are the rising demand for them from the telecommunications sector, surging adoption of smartphones, and growing popularity of internet of things (IoT).

From $3.8 billion in 2019, the global fingerprint sensors market value is expected to advance at a CAGR of 13.6% during 2020–2030. The key reason behind the increasing sale of such instruments is the rising demand for them in the government sector and consumer electronics. Such devices like biometric sensors generate a digital image of the fingerprint pattern, which is why they are important in areas where the authentication of people’s identity is required.

The global battery management system market was valued at $5,661.0 million in 2020, and it is expected to grow at a CAGR of 15.0% during the forecast period (2021–2030). The key factors responsible for the growth of the industry include the increasing demand for electric vehicles (EV) and rising usage of rechargeable batteries in consumer electronics.

Zinc Oxide Market is likely to witness an impressive CAGR of 5.8% during the forecast period. The major factors contributing to the growth of the zinc oxide market are high production of smart devices in the electronic industry and rise in demand for cosmetic products.

The rising utilization of healthcare information technologies (HITs) is one of the key factors fuelling the rise in the adoption of ambulatory electronic health records (EHR) across the globe.

Heard Right & Furcloud – Rise [PF050]

Spalamp – To the Rise [AWEN154]

VA – Anjunabeats Rising Volume 12 [ANJ770D]

PETHOUSE – Rise EP [GRS001]

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Bexxie, Hausman, CloudNone – Anjunabeats Rising 11 [ANJ762BD]

Yogi P – Sun Rising (Feat. Lowri) [FR009]

The global consumer electronics market size is expected to showcase considerable growth by reaching USD 989.37 by 2027. The growth is attributable to the growing demand for user-friendly electronic products and the rising residential sector that propels the demand for consumer electronics globally. According to our analysis, the global market for consumer electronics is expected to experience a negative CAGR of -5.4% in 2020.