The global industrial communication market size was estimated at USD 21.15 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2030.The growing integration of the Industrial Internet of Things (IIoT) is one of the most significant trends driving the market. IIoT enables seamless connectivity among machines, sensors, and control systems, facilitating real-time data...

The global optical sensors market size is anticipated to reach USD 54.83 billion by 2030, registering a CAGR of 11.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as the rising adoption of automation in various industries and growing demand for consumer electronics products such as smartphones, laptops, & wearable smart devices are driving...

The global rice bran oil market size is expected to reach USD 6.25 billion by 2030, registering a CAGR of 3.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to rising awareness about the health benefits of rice bran oil. Moreover, high product demand as a result of increased health consciousness and consumption of fat-free and...