Advanced Driver Assistance System (ADAS): Technological Revolution Fueling Market Growth
The Global Advanced Driver Assistance System (ADAS) Market is projected to reach USD 74.9 billion by 2030, from USD 27.2 billion in 2021, at a CAGR of 11.9%. The growth of the market is driven by the growing demand for driver assistance systems and stringent safety mandates for a safer driving experience.
Upcoming safety mandates and increasing focus on sophisticated driving assistance features would...
Surge Arrester Market Size to Reach $1.9 Billion by 2025
The global Surge
Arrester Market is projected to reach USD 1.9 billion by 2025 from an
estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast
period. The rising demand for electricity in APAC and the growing focus of on
increasing renewable energy installed capacity are encouraging utilities to invest
in the electricity transmission and distribution networks, as well as in
electrification...
Gas Engines Market Size to Reach $5.8 Billion by 2027
According to the new market research report
“Gas
Engines Market by Fuel Type (Natural Gas, Special Gas), Application (Power
Generation, Cogeneration, Mechanical Drive), Power Output (0.5–1 MW, 1–2 MW,
2–5 MW, 5–15 MW, & Above 15 MW), End-User Industry, and Region – Global
Forecast to 2027“, published by MarketsandMarkets™,
The gas engines market size will grow to USD...
EV Cables Market is Booming: Explore Opportunities!
EV cables
perform different functions in electric vehicles as they aid in
signal transmission and powering up of different electronic and electrical
devices. They are also used to set up electrical circuits in electric vehicles
and are designed to operate in extreme conditions effectively.
The global EV Cable Market is expected to register significant growth during the forecast period. It is estimated...
Energy as a Service Market Size to Grow $86.9 Billion by 2024
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from
an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The
growth of energy as a service market is driven by the new revenue generating
streams for utilities, increased distributed energy resources, decreasing cost
of renewable power generation and storage solutions, and availability of
federal...
Global Industrial Air Compressor Market to Expand 5.6% Annually Through 2026
According to the new market research report “Industrial Air Compressor Market by Product Type (Positive Displacement, Dynamic), Output Power (Up to 50 kW, 51–250 kW, 251–500 kW, & Above 500 kW), Seal (Oil-flooded & Oil-free), End-user, Design, Pressure, Coolant and Region – Global Forecast to 2026” The industrial air compressor market is projected to reach USD 42.9...
Heat Pump Market expected to Grow $83.5 Billion by 2026
According to the new market research report
“Heat
Pump Market by Type (Air-to-Air, Air-to-Water, Water Source,
Geothermal, Hybrid) Refrigerant (R410A, R407C, R744) Rated Capacity (Up to 10
kW, 10-20 kW, 20-30 kW, >30 kW) End User (Residential, Commercial,
Industrial) Region – Global Forecast to 2026″, published by MarketsandMarkets™,
The global Heat Pump Market is projected...
Advanced Technology & Growth of the Automotive Industry to Drive the Global In-Wheel Motor Market
Improved vehicle fuel efficiency, high torque, increased power, and provision of better vehicle handling are some of the factors that are set to drive the growth of the in-wheel motor market by 2026. The global In-Wheel Motor Market shows significant growth and is projected to grow at a CAGR of 40.3% during the forecast period to reach USD 4,395 million by 2026 from an estimated USD 808 million in...
Utility Communication Market expected to Grow $23.2 Billion by 2026
According to the new market research report
“Utility Communication Market by
Technology Type(Wired and Wireless), Utility Type, Component(Hardware and
Software), Application (Oil & Gas Network, T&D), End User (Residential,
Commercial, and Industrial) and Region- Global Forecast to 2026″, published by
MarketsandMarkets™, the Utility Communication Market size is expected...
Electrical Digital Twin Market to Hit $1.3 Billion by 2026
According to the new market research report
“Electrical
Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind
Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment
Type (Cloud, On-Premises), End User, Application, and Geography – Global
Forecast to 2026″, published by MarketsandMarkets™, The Electrical
Digital Twin Market size will grow to
USD...