The Next-Generation Power Semiconductors Market was valued at US$ 1,234.67 Million in 2024 and is projected to expand at a CAGR of 4.8% from 2025 to 2032. The market is gaining steady momentum due to the increasing adoption of electric vehicles (EVs), rapid deployment of renewable energy systems, expansion of 5G infrastructure, and growing demand for energy-efficient data centers. The...

Industrial furnaces are fundamental to manufacturing, supporting high-temperature processing such as melting, calcining, sintering, and heat treatment. These systems are widely used in steel production, metal fabrication, ceramics, glass, cement, chemicals, automotive manufacturing, aerospace, and advanced electronics. According to a recent report by Market Research Future, the industrial...