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Market Research Future (MRFR) states that the global industrial valve market value will escalate from USD 70.53 billion in 2020 to USD 95.13 billion by 2030, growing at a 6.1 % CAGR during the anticipated period (2022-2030). The industrial valve market will continue to witness better services and value. To meet this demand, industry players form strategic partnerships with suppliers.
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With the increase in the need for high-speed interconnections of computers, the market is poised to catch significant momentum in the next couple of years. Market Research Future (MRFR) expects the global LAN cable market valuation to escalate from USD 5,778.9 MN in 2020 to USD 9.60 BN in 2030, growing at a 4.8% CAGR during the assessment period (2021-2030).
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The global smartphone market will reach USD 978.2 billion at a 6.80% CAGR by 2030, states the new Market Research Future report.
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The global Ethernet switch market will reach USD 6.8 billion at a 6.30% CAGR by 2030, states the new Market Research Future report.