Opportunities in the digital substation market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the digital substation market is expected to grow at a CAGR of 5% to 7%.
. Industry experts are predicting that streaming services for hybrid events and in-person events will skyrocket in the near future impacting the content production as well as consumption process beneficially.
Lucintel's latest market report analyzed that thin layer deposition provides attractive opportunities in the IT and telecom, electronics, energy and power, automotive, and aerospace and defense industries.
The Global Base Layer Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.