Industrial Power Supply Market Size to Grow $12.8 Billion by 2024
The global industrial
power supply market size is expected to reach USD 12.8 billion by 2024 from
an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the
forecast period. The rise in lighting and consumer electronics sector in the
nations such as US & China with the implementation of industrial automation
in the manufacturing industry is anticipated to drive the demand of...
Power Supply Market Value to Reach $34.92 Billion by 2023
According to the new market research report “Power Supply Market by Output Power, Product Type, Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, Industrial), and Geography – Global Forecast to 2023″, published by MarketsandMarkets™, the power supply market is estimated to grow...
Vacuum Interrupter Market to be worth $3.1 Billion by 2025
According to the new market research report “Vacuum Interrupter Market By Application (Circuit Breaker,
Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil &
Gas, Mining, Utilities & Transportation), Rated Voltage And Region – Global
Forecast To 2025″, published
by MarketsandMarkets™, the Vacuum Interrupter Market is projected to reach USD
3.1 billion...
Advanced Energy Storage Systems Market to grow $19.04 Billion by 2022
The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0
billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4%
during 2017 to 2022. The growth of the advanced energy storage systems
market is attributed to increasing renewable energy investments and growth in
the electric vehicles market globally and regulatory changes demanding energy
efficiency.
The...
The growing need to reduce CO2 emissions from industrial and power plants drives the demand for Carbon Capture, Utilization, and Storage system
Carbon capture, utilization, and sequestration (also referred to as CCUS) is a process that involves capturing carbon dioxide (CO2), transporting it through pipelines, ships, and other modes of transport and storing it under the Earth’s surface to prevent CO2 emissions. This process is highly useful for curbing CO2 emissions, which lead to a better atmosphere. The carbon capture, utilization,...
Electric Motor Market to be $169.1 Billion by 2026
According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW,
1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential,
Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global
Forecast to 2026″,published
by MarketsandMarkets™,the Electric Motor Market is expected to grow from an
estimated USD...
Solar Vehicle Market: Opportunities, Trends, and Analysis
The rapidly evolving automotive industry has provided advanced solutions in transport applications. The inception of solar and electric vehicles has proven to be the best alternative to shift from fossil fuel cars. Also, the mass production of electric vehicles by OEMs due to the high adoption rate across the globe has led to the rapid development of solar panels to be integrated over vehicles.
The...
Autonomous Truck Market is Expecting Revolutionary Growth in Coming Years
The Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck technology is the evolution in the trucking and transportation industry, as it can save a considerable amount of money and solve problems like driver shortage and increasing road accidents. Also, after...
Automotive & transportation is the largest application of composite adhesives worldwide
The global composite adhesives market was valued at USD 1.13 Billion in 2016 and is projected to reach USD 1.78 Billion by 2022, at a CAGR of 7.9% from 2017 to 2022. The market is driven by the growing trend of lightweight vehicles and renewable & eco-friendly wind energy generation, along with continuous improvements in the aerospace industry.
Automotive & transportation is the largest...
High-Performance Trucks Market: What will your New Revenue Sources be?
The High-Performance Trucks Market,
by volume, had a market size of 1.7 Million units in 2016 and is projected to
reach 2.5 Million units by 2025, at a CAGR of 4.06% during the forecast period.
Increasing demand for special application trucks with high engine power
requirement and increasing focus toward fuel economy standards have triggered
the growth of the high-performance trucks market. Also,...