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    Market Intel
    medical devices

    MEMS market to grow to US$20 billion by 2028

    The MEMS market is expected to grow from US$14.5 billion in 2022 to US$20 billion in 2028, at a compound annual growth rate (CAGR) of 5%. The consumer MEMS market, which is currently the largest segment, is expected to grow at a CAGR of 4%, while the automotive market is expected to grow at a CAGR of 7%. The industrial, defense and aerospace, medical, and telecom markets are expected to grow at CAGRs of at least 5%.

    Market Intel
    missile guidance

    Forbes – Tier 1 growth is transforming Aerospace & Defence

    In the early 2000s, Airbus and Boeing divested of their aerostructures businesses. This was part of a broader strategy to become aircraft integrators, writes Forbes. However, Airbus has recently reversed this move, as it now considers aerostructures as a core airplane design and manufacturing activity.

    Market Intel
    AI

    AI chips for all! Market set to grow more than 20%

    The AI chips market is currently one of the hottest sectors in the technology industry. Gartner is forecasting that semiconductors designed to execute AI workloads would represent a US$53.4 billion revenue opportunity for the entire semiconductor industry this year - a massive 20.9% increase from 2022.

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