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Passive and interconnecting components are essential elements in electronic circuits that support the functioning of active devices without requiring external power for operation. Passive components include resistors, capacitors, and inductors, which control voltage, current, and energy storage within a circuit. They do not amplify signals but are vital for filtering, timing, and signal...

The global energy sector is undergoing a rapid transformation, driven by the urgent need for reliable, sustainable, and resilient power systems. In this context, microgrids—localized power systems that can operate independently or in conjunction with the main grid—are emerging as a critical solution. The global microgrid market size reached approximately USD 28.98 Billion in...

The global automotive embedded system market was valued at USD 6.98 billion in 2023 and is projected to reach USD 7.45 billion in 2024. By 2031, it is expected to grow to USD 12.36 billion, driven by a CAGR of 7.49% from 2024 to 2031. This growth is fueled by increasing demand for advanced vehicle technologies, enhanced safety features, and the rising adoption of electric and autonomous...

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Market Size & Forecast The plant-based ingredient market is expected to grow at a CAGR of 10.99% between 2024 and 2031. North America currently leads in revenue, while Asia-Pacific is the fastest-growing region. Some studies project the global market valuation at USD 11.9 billion in 2024, expanding to USD 27.3 billion by 2033 at a CAGR of 8.5%. These projections underline the accelerating...