Research Insight

Top 10 High & Medium Voltage Products Market Size & Share - Future Growth Expectations

The global top 10 high and medium voltage products market is projected to reach USD 349.7 billion by 2028 from an estimated USD 264.1 billion in 2023, at a CAGR of 5.8% during the forecast period. Furthermore, investments in improving and expanding power grid infrastructure, such as smart grids and grid modernization projects, necessitate the use of high-quality equipment such as transformers, switchgear, and circuit breakers to ensure reliability and efficiency. As a result, these factors have a substantial impact on the market demand for high and medium voltage products.

• Published: May 2024

Hydrogen Generation Industry - Forthcoming Trends to Fuel the Global Growth

The global hydrogen generation market is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The hydrogen generation market refers to the industry that produces hydrogen gas using a variety of technologies, including steam methane reforming, electrolysis, biomass gasification, and others. Hydrogen is a versatile energy carrier with potential applications in fields such as transportation, industry, and energy storage. The market includes companies that manufacture hydrogen generation equipment, develop hydrogen production technology, and offer related services. With rising interest in hydrogen as a sustainable energy source and initiatives to decarbonize many industries, the hydrogen generation business is expanding and innovating rapidly.

• Published: May 2024

Seed Coating Industry - Forthcoming Trends to Fuel the Global Growth

The seed coating market is estimated at USD 2.38 billion in 2025 and is projected to reach USD 3.52 billion by 2030, at a CAGR of 8.2%. This growth is primarily fueled by the continuous introduction of innovative seed coating technologies and formulations, aimed at improving seed quality, optimizing crop performance, and promoting sustainability in agriculture.

Key technological advancements, including precision coating technologies, controlled release coatings, bio-polymer-based coatings, and nanocoatings, are driving the market's advancement.

• Published: May 2024

Hydrogen Generation Market Size & Share - Future Growth Expectations

The global hydrogen generation market is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The hydrogen generation sector is expanding and innovating rapidly as the focus shifts to renewable energy and a low-carbon economy. Governments, companies, and investors are increasingly realizing hydrogen's promise as a sustainable energy option for a wide range of uses, including transportation, manufacturing, and energy storage.

• Published: May 2024

Seed Coating Market Size & Share - Future Growth Expectations

The seed coating market is estimated at USD 2.38 billion in 2025 and is projected to reach USD 3.52 billion by 2030, at a CAGR of 8.2%. This growth is primarily fueled by the continuous introduction of innovative seed coating technologies and formulations aimed at improving seed quality, enhancing crop performance, and promoting sustainability in agriculture.

• Published: May 2024

Artificial Lift Industry - Emerging Trends to Fuel the Global Growth

The global artificial lift market is expected to reach USD 9.0 billion by 2028 from an estimated USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. The major factors driving the growth of this market include the growing focus on reducing greenhouse gas emissions and increasing efforts toward empowering hydrogen economy.

• Published: May 2024

Cryogenic Equipment Industry - Forthcoming Trends to Fuel the Global Growth

The global Cryogenic Equipment Market size was valued at $11.9 billion in 2023 to reach $16.6 billion by 2028; it is expected to record a CAGR of 6.9% from 2023 to 2028. The expanding need for cryogenic gases in many industries, technological improvements in cryogenic applications, and the increasing usage of LNG as a clean fuel alternative all contribute to the demand for cryogenic equipment.

• Published: May 2024

Artificial Lift Market Size & Share - Future Growth Expectations

The global artificial lift market size is expected to reach USD 9.0 billion by 2028 from an estimated USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. The major factors driving the growth of this market include the growing focus on reducing greenhouse gas emissions and increasing efforts toward empowering hydrogen economy.

• Published: May 2024

Cryogenic Equipment Market Size & Share - Future Growth Expectations

The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028 from an estimated USD 11.9 billion in 2023, at a CAGR of 6.9% during the forecast period. The Cryogenic Equipment Market refers to the industry that manufactures and distributes equipment designed to work at extremely low temperatures, often below -150°C (-238°F). Cryogenic equipment includes storage tanks, valves, pumps, vaporizers, and other components used to store, transport, and handle liquefied gases such as nitrogen, oxygen, argon, and LNG (liquefied natural gas).

• Published: May 2024

Cheese Powder Market Size & Share - Future Growth Expectations

The cheese powder market is estimated at USD 630 million in 2023 and is projected to reach USD 895 million by 2028, at a CAGR of 7.3% from 2023 to 2028. The consumption pattern of cheese is observed to shift from the traditional way to more advanced and innovative way such as consumption of low fat and low sodium cheese powders which would impart more flavor to their food products. Thus, cheese powders are expected to be accepted and grow at a good pace in the coming years. The cheese powder industry is highly impacted by the increasing size of the convenience & fast-food industry and innovative offerings by cheese powder manufacturers. The growth rate of the fast-food industry is significant owing to the changing lifestyles of people around the globe.

• Published: May 2024

Cheese Powder Market - Forthcoming Trends to Fuel the Global Growth

The cheese powder market is estimated at USD 630 million in 2023 and is projected to reach USD 895 million by 2028, at a CAGR of 7.3% from 2023 to 2028. The consumption pattern of cheese is observed to shift from the traditional way to more advanced and innovative way such as consumption of low fat and low sodium cheese powders which would impart more Flavors to their food products. Thus, cheese powders are expected to be accepted and grow at a good pace in the coming years. The cheese powder market is highly impacted by the increasing size of the convenience & fast-food industry and innovative offerings by cheese powder manufacturers. The growth rate of the fast-food industry is significant owing to the changing lifestyles of people around the globe.

• Published: May 2024

Grid-forming Inverter Industry - Emerging Trends to Fuel the Global Growth

The global grid-forming inverter market is expected to reach USD 1,042 million by 2028 from an estimated USD 680 million in 2023, at a CAGR of 8.9% during the forecast period. The major factors driving the growth of this market include the global transition towards clean and sustainable energy solutions, as well as the need for technologies that can enhance grid stability, reliability, and resilience in the face of evolving energy challenges.

• Published: May 2024

Grid-forming Inverter Market Size & Share - Future Growth Expectations

The global grid-forming inverter market size is expected to reach USD 1,042 million by 2028 from an estimated USD 680 million in 2023, at a CAGR of 8.9% during the forecast period. The major factors driving the growth of this market include the global transition towards clean and sustainable energy solutions, as well as the need for technologies that can enhance grid stability, reliability, and resilience in the face of evolving energy challenges.

• Published: May 2024

Solid Oxide Fuel Cell Industry - Emerging Trends Making Great Impact

The global solid oxide fuel cell market is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. The solid oxide fuel cell (SOFC) market encompasses the manufacturing, development, and commercialization of solid oxide fuel cell technology. SOFCs are a form of fuel cell that uses a solid oxide electrolyte to generate electricity by oxidizing a fuel, usually hydrogen or hydrocarbon-based, at high temperatures.

• Published: May 2024

Solid Oxide Fuel Cell Market Size & Share - Future Growth Expectations

The global solid oxide fuel cell market is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. SOFCs' market has been continuously rising due to its high efficiency, low emissions, and potential for usage in a variety of applications, including stationary power generation, portable power systems, and combined heat and power (CHP) units for residential and commercial buildings.

• Published: May 2024

Healthcare Simulation Industry - Emerging Trends Making Great Impact

The global healthcare simulation market is projected to reach USD 4.6 billion by 2028 from USD 2.2 billion in 2023, at a high CAGR of 15.7% during the forecast period. The expansion of this market is fueled by the increasing adoption of advanced techniques and methodologies in delivering medical education, along with restricted patient access during medical training. Nevertheless, the market's growth is anticipated to be somewhat hampered by the constrained availability of funds and incomplete replication of medical simulators.

• Published: May 2024

Vaccines Market Size & Share - Global Future Growth Expectations

The vaccines market (including COVID-19 vaccines)  is projected to reach USD 94.9 Billion by 2029 from USD 78.0 Billion in 2024, at a CAGR of 4.0% during the forecast period. Similarly the vaccines market (excluding COVID-19 vaccines) is projected to reach USD 80.3 Billion by 2029 from USD 53.0 Billion in 2024, at a CAGR of 8.7% during the forecast period. Technological advancements in vaccine development, increasing government initiatives for immunization programs and expanding investments in research and development are some of the factors driving growth of vaccines market.

• Published: May 2024

Healthcare Simulation Industry - Emerging Trends Making Great Impact

The global healthcare simulation market is projected to reach USD 4.6 billion by 2028 from USD 2.2 billion in 2023, at a high CAGR of 15.7% during the forecast period. The expansion of this market is fueled by the increasing adoption of advanced techniques and methodologies in delivering medical education, along with restricted patient access during medical training. Nevertheless, the market's growth is anticipated to be somewhat hampered by the constrained availability of funds and incomplete replication of medical simulators.

• Published: May 2024

Automotive Turbocharger Industry - Forthcoming Trends to Fuel the Global Growth

The automotive turbocharger market is projected to grow from USD 15.2 billion in 2024 to USD 22.9 billion by 2030, at a CAGR of 7.1%. The growth in automotive turbocharger market is fueled by reduction in NOx limits within emission regulations, rising consumer demand for gasoline-powered passenger vehicles, and advancements in electric turbocharger technology.

• Published: May 2024

Healthcare Simulation Market Size & Share - Global Future Growth Predictions

The global healthcare simulation market is projected to reach USD 4.6 billion by 2028 from USD 2.2 billion in 2023, at a high CAGR of 15.7% during the forecast period. The expansion of this market is fueled by the increasing adoption of advanced techniques and methodologies in delivering medical education, along with restricted patient access during medical training. Nevertheless, the market's growth is anticipated to be somewhat hampered by the constrained availability of funds and incomplete replication of medical simulators.

• Published: May 2024

Marine Engines Market - Size & Share - Global Future Growth Expectations

The global marine engines market is estimated at USD 13.1 billion in 2024, with a projected growth to USD 15.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0%. Global trade patterns, increased maritime tourism, pollution and fuel efficiency standards, technology breakthroughs, and trends toward more sustainable and ecologically friendly propulsion systems all have an impact on the marine engine business.

• Published: May 2024

Marine Engines Industry - Emerging Trends Making Great Impact

The global marine engines market is estimated at USD 13.1 billion in 2024, with a projected growth to USD 15.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0%. The market for marine engines is influenced by various factors including global trade patterns, growth in maritime tourism, regulations on emissions and fuel efficiency, technological advancements, and shifts towards more sustainable and environmentally friendly propulsion systems.

• Published: May 2024

Automotive Turbocharger Market Size & Share - Future Growth Expectations

The automotive turbocharger market is projected to grow from USD 15.2 billion in 2024 to USD 22.9 billion by 2030, at a CAGR of 7.1%. The growth in automotive turbocharger market is fueled by reduction in NOx limits within emission regulations, rising consumer demand for gasoline-powered passenger vehicles, and advancements in electric turbocharger technology.

• Published: May 2024

Direct Air Capture Industry - Emerging Trends to Fuel the Global Growth

The global direct air capture market is expected to reach USD 1,727 million by 2030 from an estimated USD 62 million in 2023, at a CAGR of 60.9% during the forecast period. The major factors driving the growth of this market include the growing emphasis on net-zero emission, stringent regulations, and favourable government policies.

• Published: May 2024

Direct Air Capture Market Size & Share - Future Growth Expectations

The global direct air capture market size is expected to reach USD 1,727 million by 2030 from an estimated USD 62 million in 2023, at a CAGR of 60.9% during the forecast period. The major factors driving the growth of this market include the growing emphasis on net-zero emission, stringent regulations, and favourable government policies.

• Published: May 2024

Waste Management Industry - Emerging Trends Making Great Impact

The global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast period. With increased environmental concerns and regulations around the world, there is a greater demand for effective waste management solutions. This market is divided into areas such as municipal, industrial, commercial, and hazardous waste management. Key industry participants provide a variety of services, including waste collection, recycling facilities, landfill management, and waste-to-energy technology. Technological advancements and the adoption of sustainable practices are driving waste management innovation, opening up new prospects for growth and investment.

• Published: May 2024

IoT Medical Devices Industry - Forthcoming Trends to Boost Global Growth

The global IoT medical devices market is projected to reach USD 166.5 billion by 2028 from USD 41.5 billion in 2023, at a high CAGR of 32.1% during the forecast period. Gradual shift in trends in the healthcare industry have resulted in predictable outcomes and care quality has supported the higher implementation of various IT systems in healthcare organizations. Market growth in this sector is propelled by several factors. Factors such as government initiatives aimed at promoting digital health, the increasing demand for cost containment in healthcare delivery, a growing emphasis on active patient engagement and patient-centric healthcare, the advancement of high-speed networking technologies, and the expanding penetration of mobile platforms in healthcare are all driving forces. Additionally, there is a rising focus on patient safety, which is expected to contribute to market growth throughout the forecast period. However, certain factors may impede the growth of the market to some extent. The high deployment costs associated with connected medical devices and the required infrastructure pose a challenge. Additionally, the lack of sufficient technical expertise pertaining to IoT medical devices acts as a restraint on market growth.

• Published: May 2024

Automotive E-Compressor Industry - Forthcoming Trends to Fuel the Global Growth

The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, from an estimated USD 6.6 billion in 2024, at a CAGR of 12.5% during the forecast period. With the growing popularity of electric vehicles, automotive manufacturers are scaling up their production of electric models, leading to an increased demand for e-compressors. These components are critical to the efficient operation of the climate control systems found in electric vehicles. Contrary to traditional ICE vehicles, electric vehicles rely on e-compressors to manage air conditioning and heating functions. As the global automotive industry continues to shift toward electrification, with more automakers investing in EV technology and expanding their product lines, the demand for e-compressors is expected to surge.

• Published: May 2024

Waste Management Market Size & Share - Future Growth Expectations

The global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast period. With rising environmental concerns and regulatory demands worldwide, there is a growing demand for effective waste management solutions. Key firms provide garbage collection, recycling facilities, landfill management, and waste-to-energy technology. Technological advancements and a focus on sustainability are driving industrial innovation, opening up new potential for growth and investment.

• Published: May 2024

IoT Medical Devices Market Size & Share - Global Future Growth Expectations

The global IoT medical devices market is projected to reach USD 166.5 billion by 2028 from USD 41.5 billion in 2023, at a high CAGR of 32.1% during the forecast period. Gradual shift in trends in the healthcare industry have resulted in predictable outcomes and care quality has supported the higher implementation of various IT systems in healthcare organizations. Market growth in this sector is propelled by several factors. Factors such as government initiatives aimed at promoting digital health, the increasing demand for cost containment in healthcare delivery, a growing emphasis on active patient engagement and patient-centric healthcare, the advancement of high-speed networking technologies, and the expanding penetration of mobile platforms in healthcare are all driving forces. Additionally, there is a rising focus on patient safety, which is expected to contribute to market growth throughout the forecast period. However, certain factors may impede the growth of the market to some extent. The high deployment costs associated with connected medical devices and the required infrastructure pose a challenge. Additionally, the lack of sufficient technical expertise pertaining to IoT medical devices acts as a restraint on market growth.

• Published: May 2024

Automotive E-Compressor Market Size & Share - Future Growth Expectations

The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, from an estimated USD 6.6 billion in 2024, at a CAGR of 12.5% during the forecast period. With the growing popularity of electric vehicles, automotive manufacturers are scaling up their production of electric models, leading to an increased demand for e-compressors. These components are critical to the efficient operation of the climate control systems found in electric vehicles. Contrary to traditional ICE vehicles, electric vehicles rely on e-compressors to manage air conditioning and heating functions. As the global automotive industry continues to shift toward electrification, with more automakers investing in EV technology and expanding their product lines, the demand for e-compressors is expected to surge.

• Published: May 2024

Hydrogen Storage Tanks and Transportation Industry - Emerging Trends Making Great Impact

The global Hydrogen Storage Tank and Transportation market is expected to reach USD 4.4 billion by 2030, up from an anticipated USD 0.3 billion in 2024, at a CAGR of 52.4% over the forecast period. The market for hydrogen storage tanks and transportation is being driven by rising demand for hydrogen as a clean energy carrier in a variety of industries, including transportation, manufacturing, and electricity generation. As governments and industry throughout the world work to cut carbon emissions and migrate to cleaner energy sources, hydrogen is emerging as a possible answer due to its versatility and potential for zero-emission applications.

• Published: May 2024

Hydrogen Storage Tanks and Transportation Market Size & Share - Future Growth Expectations

The global Hydrogen Storage Tank and Transportation market is expected to reach USD 4.4 billion by 2030, up from an anticipated USD 0.3 billion in 2024, at a CAGR of 52.4% over the forecast period. The market for hydrogen storage tanks and transportation is predicted to expand as hydrogen plays an increasingly important part in the global energy transition. However, important problems like as infrastructure development, technical standardization, and cost competitiveness remain to be overcome in order to fully realize hydrogen's promise as a clean energy vector.

• Published: May 2024

Power SCADA Industry - Emerging Trends to Fuel the Global Growth

The global power SCADA market is expected to reach USD 2.9 billion by 2028 from an estimated USD 2.1 billion in 2023, at a CAGR of 7.1% during the forecast period. The major factors driving the growth of this market include the growing complexities of power networks, and an increasing demand for efficient and reliable monitoring and control of power distribution systems.

• Published: May 2024

Power SCADA Market Size & Share - Future Growth Expectations

The global power SCADA market is expected to reach USD 2.9 billion by 2028 from an estimated USD 2.1 billion in 2023, at a CAGR of 7.1% during the forecast period. The major factors driving the growth of this market include the growing complexities of power networks, and an increasing demand for efficient and reliable monitoring and control of power distribution systems.

• Published: May 2024

Clinical Trial Imaging Industry - Emerging Trends Making Great Impact

The global clinical trial imaging market is projected to reach USD 1.9 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 7.8% during the forecast period. The expansion of the clinical trial imaging market is primarily propelled by factors like heightened expenditure on research and development, the upsurge in the pharmaceutical and biotechnology sector, and the proliferation of Contract Research Organizations (CROs). However, the substantial expenses associated with implementing imaging systems and conducting clinical trials stand out as significant obstacles impeding the market's progress.

• Published: May 2024

Automotive Fuel Cell Industry - Forthcoming Trends to Fuel the Global Growth

The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this research. Leading original equipment manufacturers (OEMs) have stepped up their investments in research and development for automotive fuel cells as a result of factors like rising demand for zero-emission vehicles and strong government support. The demand for fuel cell-powered vehicles will expand across practically all industries, which will be supported by the rising petroleum prices in the world. The efficiency of these fuel cell vehicles is probably going to increase as fuel cell technology develops. Fuel cell electric vehicle (FCEV) drivers will be able to easily refill their vehicles and travel great distances because to the rapid green hydrogen infrastructure that is being established in many nations.

• Published: May 2024

Clinical Trial Imaging Market Size & Share - Global Future Growth Expectations

The global clinical trial imaging market is projected to reach USD 1.9 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 7.8% during the forecast period. The expansion of the clinical trial imaging market is primarily propelled by factors like heightened expenditure on research and development, the upsurge in the pharmaceutical and biotechnology sector, and the proliferation of Contract Research Organizations (CROs). However, the substantial expenses associated with implementing imaging systems and conducting clinical trials stand out as significant obstacles impeding the market's progress.

• Published: May 2024

Progressing Cavity Pump Industry - Emerging Trends and Their Impact on Industry Growth

The progressing cavity pump market is projected to witness steady growth with a compound annual growth rate (CAGR) of 5.0% throughout the forecast period, increasing from an estimated value of USD 2.8 billion in 2024 to reach USD 3.6 billion by 2029. The market for progressing cavity pumps is expanding steadily due to its effectiveness in processing viscous fluids, slurries, and delicate materials in various industries, including food processing, wastewater treatment, and oil and gas extraction. The need for these pumps is growing as a result of rising industrialization, stricter regulations, and technological improvements. These pumps are renowned for their dependable performance and capacity to handle difficult applications. Furthermore, innovation in the market is driving its global expansion by improving pump efficiency, durability, and adaptability to a range of operating circumstances.

• Published: May 2024

Automotive Fuel Cell Market Size & Share - Future Growth Expectations

The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this research. Leading original equipment manufacturers (OEMs) have stepped up their investments in research and development for automotive fuel cells as a result of factors like rising demand for zero-emission vehicles and strong government support. The demand for fuel cell-powered vehicles will expand across practically all industries, which will be supported by the rising petroleum prices in the world. The efficiency of these fuel cell vehicles is probably going to increase as fuel cell technology develops. Fuel cell electric vehicle (FCEV) drivers will be able to easily refill their vehicles and travel great distances because to the rapid green hydrogen infrastructure that is being established in many nations.

• Published: May 2024

Progressing Cavity Pump Market Size & Share - Future Growth Expectations

The progressing cavity pump market is projected to witness steady growth with a compound annual growth rate (CAGR) of 5.0% throughout the forecast period, increasing from an estimated value of USD 2.8 billion in 2024 to reach USD 3.6 billion by 2029. The growing cavity pump market includes the need for pumps made to handle slurries, viscous fluids, and fragile materials in a variety of sectors on a worldwide scale. Technological developments, greater industrialization, and stricter regulations are some of the elements driving its rise. These pumps are essential in industries like oil and gas, wastewater treatment, and food processing because of their dependability, efficiency, and flexibility in demanding applications.

• Published: May 2024

Combined Heat and Power Industry - Forthcoming Trends and Their Impact on Industry Growth

The global combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024, at a CAGR of 5.2% during the forecast period. The combined heat pump (CHP) market includes a variety of technologies, such as fuel cells, reciprocating engines, gas turbines, and steam turbines, and it caters to a wide range of applications in the commercial, industrial, and residential domains. The market size and growth are influenced by factors such as energy policies, environmental regulations, fuel prices, and technological advancements in CHP system efficiency and reliability.

• Published: May 2024

Virtual Power Plant Industry - Emerging Trends Fueling Market Growth

The global virtual power plant market is expected to reach USD 5.5 billion by 2029 from an estimated USD 1.9 billion in 2024, at a CAGR of 23.4% during the forecast period. The major factors driving the growth of this market include Seamless integration with renewable sources such as solar and wind, and need to mitigate impact of intermittent renewable sources.

• Published: May 2024

Virtual Power Plant Market Size, Share, Growth & Analysis

The global virtual power plant market size is expected to reach USD 5.5 billion by 2029 from an estimated USD 1.9 billion in 2024, at a CAGR of 23.4% during the forecast period. The major factors driving the growth of this market include Seamless integration with renewable sources such as solar and wind, and need to mitigate impact of intermittent renewable sources.

• Published: May 2024

Combined Heat and Power Market Size & Share - Global Future Growth Expectations

The global combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024, at a CAGR of 5.2% during the forecast period. The combined heat pump (CHP) market includes a variety of technologies, such as fuel cells, reciprocating engines, gas turbines, and steam turbines, and it caters to a wide range of applications in the commercial, industrial, and residential domains. Energy policies, environmental laws, fuel pricing, and technological improvements in CHP system efficiency and dependability all have an impact on the market's size and growth.

• Published: May 2024

Remote Patient Monitoring Industry - Forthcoming Trends Leads to Great Future Impact

The global remote patient monitoring market is projected to reach USD 207.5 billion by 2028 from USD 71.9 billion in 2023, at a CAGR of 23.6% between 2023 and 2028. The aging population and the increasing need for healthcare access are driving the growth of the telehealth and remote patient monitoring (RPM) market. Telehealth and RPM offer cost benefits and can reduce the burden on medical resources. However, regulatory variations across regions may restrain market growth.

• Published: May 2024

EV Connector Industry - Forthcoming Trends to Fuel the Global Growth

The global EV connector market is projected to grow from USD 2.0 Billion in 2023 to USD 10.9 Billion by 2030, registering a CAGR of 27.1%. A combination of implementation of advanced technologies, environmental concerns, supportive government policies, and the growing popularity of electric vehicles among consumers drives the increasing demand for EV connectors. ADAS features like parking sensors, lane departure warning, and adaptive cruise control rely on high-speed data transmission, requiring advanced connectors. Touchscreen displays, navigation systems, and internet connectivity create a surge in EV connectors for infotainment systems. Miniaturized, multi-functional connectors with audio/video and data capabilities are in high demand.

• Published: May 2024

EV Connector Market Size & Share - Future Growth Expectations

The global EV connector market is projected to grow from USD 2.0 Billion in 2023 to USD 10.9 Billion by 2030, registering a CAGR of 27.1%. A combination of implementation of advanced technologies, environmental concerns, supportive government policies, and the growing popularity of electric vehicles among consumers drives the increasing demand for EV connectors. ADAS features like parking sensors, lane departure warning, and adaptive cruise control rely on high-speed data transmission, requiring advanced connectors. Touchscreen displays, navigation systems, and internet connectivity create a surge in EV connectors for infotainment systems. Miniaturized, multi-functional connectors with audio/video and data capabilities are in high demand.

• Published: May 2024

Electric Construction Equipment Market Size & Share - Future Growth Expectations

The electric construction equipment market is estimated to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030 at a CAGR of 23.6% over the forecast period. The growing stringency in emission regulations primarily drives the growth of this market, reduced ventilation costs in underground mining due to electric equipment, and the preference for the low noise construction machines in residential areas.

• Published: May 2024

Sensor Fusion Industry for Automotive - Forthcoming Trends to Fuel the Global Growth

The global sensor fusion market for automotive is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%. The market has witnessed unprecedented growth in recent years, signaling a remarkable shift towards safer and more sustainable transportation solutions worldwide. Regulatory mandates for safety features, autonomous driving development, and consumer expectations for enhanced safety and comfort has been a driving force behind the growth of sensor fusion market for automotive. Market is further driven by rising demand for advanced ADAS features in vehicles such as adaptive cruise control, lane departure warning, and automatic emergency braking.

• Published: May 2024