Relay Market Size, Industry Growth Rate, and Projections for 2022-2030
The global relay market size is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. The relay market is driven by the rising investments in renewable energy resources. According to the International Energy Agency (IEA) forecast, the total global renewable capacity is expected to increase by 1,220 GW between 2019...
Aviation Actuation System Market Signs of Evolving Industry Conditions
The global aviation actuation system market in China, Russia, and North America has been witnessing rapid growth over the past decade. Increase in demand for aircraft in this region fuels growth in the aviation sector. The Middle East is one of the regions where passenger traffic is expected to grow over the next 10 years. It is becoming one of the world’s busiest airline market, given the world-class...