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Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.

Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.

DigiKey to Showcase Automation Offerings at SPS Debut

Retrieved on: 
Thursday, October 26, 2023

THIEF RIVER FALLS, Minn., Oct. 26, 2023 /PRNewswire/ -- DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, is excited to announce it is a first-time exhibitor at SPS 2023. DigiKey invites attendees to visit its booth, #365 in Hall 4A, November 14-16, in Nuremberg, where they can learn more about the company's complete automation offerings including vast product breadth, industry leading manufacturers, systems integrator program and participate in numerous prize giveaways.

Key Points: 
  • To coincide with its SPS trade show debut, DigiKey is also holding an online giveaway for a Weidmuller tool trolley.
  • "SPS is a fitting place for DigiKey to participate in the automation space as the highlight event of the automation industry," said Eric Wendt, director, industrial automation for DigiKey.
  • We're looking forward to sharing our robust offerings with the industry, as well as joining the broader conversation around automation propelling our shared sustainability goals forward."
  • For more information about DigiKey's automation and control offerings, please visit the DigiKey website .

Thin Film Sensor Market Size Worth US$ 3.8 billion by 2031, Garnering 3.8% CAGR: TMR Report

Retrieved on: 
Thursday, October 26, 2023

WILMINGTON, Del., Oct. 26, 2023 /PRNewswire/ -- The thin film sensor market was estimated to have acquired US$ 2.7 billion in 2022.  It is anticipated to register a 3.8% CAGR from 2023 to 2031, and by 2031, the market is likely to gain US$ 3.8 billion. The integration of thin film sensors with the Internet of Things (IoT) is opening up new vistas. These sensors can monitor various physical parameters and send real-time data to the cloud for analysis. This is crucial in applications such as industrial automation, smart agriculture, and healthcare.

Key Points: 
  • Platinum is the dominating material among platinum, copper, nickel, and nickel/iron alloy in the thin film sensor market.
  • The dominating application in the thin film sensor market is telecommunication satellites due to their critical sensing requirements in space.
  • Global Market for Thin Film Sensor: Regional Outlook
    North America, driven by technological innovation and robust R&D activities, boasts a substantial market share.
  • Global Thin Film Sensor Market: Key Players
    The competitive landscape of the thin film sensor market is dynamic and robust, with several key players vying for market share.

Thin Film Sensor Market Size Worth US$ 3.8 billion by 2031, Garnering 3.8% CAGR: TMR Report

Retrieved on: 
Thursday, October 26, 2023

WILMINGTON, Del., Oct. 26, 2023 /PRNewswire/ -- The thin film sensor market was estimated to have acquired US$ 2.7 billion in 2022.  It is anticipated to register a 3.8% CAGR from 2023 to 2031, and by 2031, the market is likely to gain US$ 3.8 billion. The integration of thin film sensors with the Internet of Things (IoT) is opening up new vistas. These sensors can monitor various physical parameters and send real-time data to the cloud for analysis. This is crucial in applications such as industrial automation, smart agriculture, and healthcare.

Key Points: 
  • Platinum is the dominating material among platinum, copper, nickel, and nickel/iron alloy in the thin film sensor market.
  • The dominating application in the thin film sensor market is telecommunication satellites due to their critical sensing requirements in space.
  • Global Market for Thin Film Sensor: Regional Outlook
    North America, driven by technological innovation and robust R&D activities, boasts a substantial market share.
  • Global Thin Film Sensor Market: Key Players
    The competitive landscape of the thin film sensor market is dynamic and robust, with several key players vying for market share.

Premier Financial Corp. Announces Third Quarter 2023 Results Including Core Deposit Growth and Increased Net Interest Margin

Retrieved on: 
Tuesday, October 24, 2023

“I am pleased to announce Premier’s continued improvement in net income, net interest income, and net interest margin performance for the third quarter,” said Gary Small, President and CEO of Premier.

Key Points: 
  • “I am pleased to announce Premier’s continued improvement in net income, net interest income, and net interest margin performance for the third quarter,” said Gary Small, President and CEO of Premier.
  • Total average interest-bearing deposit costs increased 47 basis points to 2.54% for the third quarter of 2023.
  • The TE net interest margin of 2.73% in the third quarter of 2023 increased one basis point from 2.72% in the second quarter of 2023 but decreased 67 basis points from 3.40% in the third quarter of 2022.
  • Additionally, the core net interest margin was 2.71% for the third quarter of 2023, up one basis point from 2.70% for the second quarter of 2023 but down 65 basis points from 3.36% for the third quarter of 2022.

TE Connectivity to present at Baird's 2023 Global Industrial Conference

Retrieved on: 
Wednesday, October 25, 2023

SCHAFFHAUSEN, Switzerland, Oct. 25, 2023 /PRNewswire/ -- Terrence Curtin, chief executive officer of TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, will present at Robert W. Baird's 2023 Global Industrial Conference on Wednesday, November 8, at 8:30 a.m. CST at the Ritz Carlton Hotel in Chicago.

Key Points: 
  • SCHAFFHAUSEN, Switzerland, Oct. 25, 2023 /PRNewswire/ -- Terrence Curtin, chief executive officer of TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, will present at Robert W. Baird's 2023 Global Industrial Conference on Wednesday, November 8, at 8:30 a.m. CST at the Ritz Carlton Hotel in Chicago.
  • A live webcast of the presentation will be accessible on TE Connectivity's investor website at investors.te.com.

Marine Sensors Market worth $1.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 25, 2023

The navigation and positioning segment is projected to grow at the second highest CAGR in the marine sensors market during the forecasted period.

Key Points: 
  • The navigation and positioning segment is projected to grow at the second highest CAGR in the marine sensors market during the forecasted period.
  • The unmanned underwater vehicle segment is projected to grow at the highest CAGR in the marine sensors market during the forecast period.
  • The wireless segment is projected to grow at the highest CAGR in the marine sensors market during the forecast period.
  • This growth is expected to bring about a transformative shift in marine sensors, revolutionizing the future of marine sensors market.

Marine Sensors Market worth $1.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 25, 2023

The navigation and positioning segment is projected to grow at the second highest CAGR in the marine sensors market during the forecasted period.

Key Points: 
  • The navigation and positioning segment is projected to grow at the second highest CAGR in the marine sensors market during the forecasted period.
  • The unmanned underwater vehicle segment is projected to grow at the highest CAGR in the marine sensors market during the forecast period.
  • The wireless segment is projected to grow at the highest CAGR in the marine sensors market during the forecast period.
  • This growth is expected to bring about a transformative shift in marine sensors, revolutionizing the future of marine sensors market.

Industrial Vibration Sensor Market to grow by USD 3.32 billion from 2022 to 2027 | Growing need for intelligent and compact vibration sensors to drive the growth- Technavio

Retrieved on: 
Saturday, October 21, 2023

NEW YORK, Oct. 20, 2023 /PRNewswire/ -- The industrial vibration sensor market is expected to grow by USD 3.32 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Oct. 20, 2023 /PRNewswire/ -- The industrial vibration sensor market is expected to grow by USD 3.32 billion between 2022 and 2027.
  • Explore detailed information by purchasing a report
    The growing need for intelligent and compact vibration sensors is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The industrial boiler market size is estimated to grow at a CAGR of 3.51% between 2022 and 2027.