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Automatic Tire Inflation System Industry - Forthcoming Trends to Fuel the Global Growth

The Automatic tire inflation system market is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. Demand for increased tire life and improved fuel efficiency for heavy trucks & trailers are driving growth and advancements in the Automatic tire inflation system market.

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May 8, 2024

Residential Energy Storage Industry - Forthcoming Trends to Fuel the Global Growth

The global residential energy storage market is estimated to be valued at USD 898 million in 2023 (Estimate Year) and is projected to reach USD 2,081 million by 2028 (Forecast Year) growing at a CAGR of 18.3% during the forecast period. The residential energy storage market has been growing rapidly in recent years due to increasing concerns about climate change, rising energy costs, and advancements in battery technology. Additionally, government incentives and policies promoting renewable energy adoption have also contributed to the expansion of this market.

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May 8, 2024

Cell to Pack Battery Industry - Forthcoming Trends to Fuel the Global Growth

The cell to pack battery market size is projected to grow from USD 18.7 billion in 2023 to USD 79.0 billion by 2033, at a CAGR of 15.5% for the same period. The base year for the report is 2022, and the forecast period is from 2023 to 2033.

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May 8, 2024

Residential Energy Storage Industry - Forthcoming Trends to Fuel the Global Growth

The global residential energy storage market is estimated to be valued at USD 898 million in 2023 (Estimate Year) and is projected to reach USD 2,081 million by 2028 (Forecast Year) growing at a CAGR of 18.3% during the forecast period. The residential energy storage market has been growing rapidly in recent years due to increasing concerns about climate change, rising energy costs, and advancements in battery technology. Additionally, government incentives and policies promoting renewable energy adoption have also contributed to the expansion of this market.

...... Read More
May 8, 2024

Residential Energy Storage Industry - Forthcoming Trends to Fuel the Global Growth

The global residential energy storage market is estimated to be valued at USD 898 million in 2023 (Estimate Year) and is projected to reach USD 2,081 million by 2028 (Forecast Year) growing at a CAGR of 18.3% during the forecast period. The residential energy storage market has been growing rapidly in recent years due to increasing concerns about climate change, rising energy costs, and advancements in battery technology. Additionally, government incentives and policies promoting renewable energy adoption have also contributed to the expansion of this market.

...... Read More
May 8, 2024

Automatic Tire Inflation System Market Size & Share - Future Growth Expectations

The Automatic tire inflation system market is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. Demand for increased tire life and improved fuel efficiency for heavy trucks & trailers are driving growth and advancements in the Automatic tire inflation system market.

...... Read More
May 8, 2024

Cell to Pack Battery Market Size & Share - Future Growth Expectations

The cell to pack battery market size is projected to grow from USD 18.7 billion in 2023 to USD 79.0 billion by 2033, at a CAGR of 15.5% for the same period. The base year for the report is 2022, and the forecast period is from 2023 to 2033.

...... Read More
May 8, 2024

Residential Energy Storage Market Size & Share - Future Growth Expectations

The global residential energy storage market is estimated to be valued at USD 898 million in 2023 (Estimate Year) and is projected to reach USD 2,081 million by 2028 (Forecast Year) growing at a CAGR of 18.3% during the forecast period. These systems typically include batteries and associated components that can store excess energy generated from renewable sources like solar panels, wind turbines, or even the grid during off-peak hours. This stored energy can then be used during times of high demand, power outages, or when energy prices are high, allowing homeowners to reduce their reliance on the grid and save on electricity bills.

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May 8, 2024

Portable Power Station Industry - Emerging Trends to Fuel the Global Growth

The global portable power station market is expected to reach USD 1.1 billion by 2028 from an estimated USD 0.5 billion in 2023, at a CAGR of 18.4% during the forecast period. The major factors driving the growth of this market include the rising utilization of smart electronic devices, a growing need for continuous and dependable power supply, and the implementation of strict emission regulations in the off-grid power sector.

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May 8, 2024

Connected Tires Industry - Forthcoming Trends to Fuel the Global Growth

The global Connected Tires market size is projected to grow from 4 USD million in 2023 to 54 USD million by 2028, at a CAGR of 67.1%. Factors such as greater fuel efficiency, growing demand for vehicle safety, and shift to use of connected systems will increase connected tyre demand. These tyres can seamlessly integrate with the overall vehicle ecosystem and provide crucial information to enhance safety and efficiency. Features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers can receive timely alerts and notifications about tire issues, enabling them to take immediate action and prevent accidents.

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May 8, 2024

Connected Tires Market Size & Share - Future Growth Expectations

The global Connected Tires market size is projected to grow from 4 USD million in 2023 to 54 USD million by 2028, at a CAGR of 67.1%. Factors such as greater fuel efficiency, growing demand for vehicle safety, and shift to use of connected systems will increase connected tyre demand. These tyres can seamlessly integrate with the overall vehicle ecosystem and provide crucial information to enhance safety and efficiency. Features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers can receive timely alerts and notifications about tire issues, enabling them to take immediate action and prevent accidents.

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May 8, 2024

Lithium Iron Phosphate Batteries Industry - Forthcoming Trends to Fuel the Global Growth

The global lithium iron phosphate batteries market is projected to reach USD 35.5 billion by 2028 from an estimated USD 17.7 billion in 2023, at a CAGR of 14.9% during the forecast period. The LiFePO4 battery market pulses with vitality, fueled by the accelerating pace of electrification in transportation and the growing need for sustainable energy solutions. Electric vehicles glide silently onto the scene, powered by these robust batteries, while renewable energy systems harness their potential to store solar and wind power.

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May 8, 2024

Portable Power Station Market Size & Share - Future Growth Expectations

The global portable power station market size is expected to reach USD 1.1 billion by 2028 from an estimated USD 0.5 billion in 2023, at a CAGR of 18.4% during the forecast period. The major factors driving the growth of this market include the rising utilization of smart electronic devices, a growing need for continuous and dependable power supply, and the implementation of strict emission regulations in the off-grid power sector.

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May 8, 2024

Lithium Iron Phosphate Batteries Market Size & Share - Future Growth Expectations

The global lithium iron phosphate batteries market is projected to reach USD 35.5 billion by 2028 from an estimated USD 17.7 billion in 2023, at a CAGR of 14.9% during the forecast period. The lithium iron phosphate (LiFePO4) battery market refers to the industry surrounding the production, sale, and usage of batteries utilizing lithium iron phosphate as the cathode material. LiFePO4 batteries are a type of lithium-ion battery known for their high energy density, long cycle life, and enhanced safety features compared to other lithium-ion chemistries.

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May 8, 2024

Rolling Stock Industry - Forthcoming Trends to Fuel the Global Growth

The global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% from 2023 to 2028. In the near future, demand for rolling stock is expected to increase due to favourable investment made for railway industry.

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May 8, 2024

Rolling Stock Market Size & Share - Future Growth Expectations

The global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% from 2023 to 2028. In the near future, demand for rolling stock is expected to increase due to favourable investment made for railway industry.

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May 8, 2024

High Voltage Cables and Accessories Industry - Forthcoming Trends to Fuel the Global Growth

The high voltage cables and accessories market is projected to reach USD 52.5 billion by 2028 from an estimated USD 40.0 billion in 2023, at a CAGR of 5.6% during the forecast period. Factors driving the growth of the high voltage cables and accessories market include increasing demand for electricity, growing investments in renewable energy projects, upgrading of aging infrastructure, and government initiatives to improve energy efficiency and reliability of power transmission networks.

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May 8, 2024

Offshore Support Vessel Industry - Emerging Trends to Fuel the Global Growth

The global offshore support vessel market is expected to reach USD 31.4 billion by 2028 from an estimated USD 22.6 billion in 2023, at a CAGR of 6.7% during the forecast period. The major factors driving the growth of this market include the rising trend of investments in offshore wind and oil & gas projects.

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May 8, 2024

Top Companies in Electric 3 wheeler Industry - Mahindra&Mahindra Ltd. (India) and YC Electric Vehicle (India)

The electric 3 wheeler market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, at a CAGR of 2.2%. The demand for electric 3 wheelers is expected to increase significantly, driven by government subsidies and policies to encourage the use of electric 3 wheelers. Reducing battery prices and increased economies of scale due to rapidly increasing E3W production also increase demand. The growing use of these vehicles for last-mile delivery will further increase demand in the coming years.

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May 8, 2024

High Voltage Cables and Accessories Market Size & Share - Future Growth Expectations

The high voltage cables and accessories market is projected to reach USD 52.5 billion by 2028 from an estimated USD 40.0 billion in 2023, at a CAGR of 5.6% during the forecast period. The High Voltage Cables and Accessories Market refers to the industry involved in the production, distribution, and maintenance of cables and associated equipment designed to transmit electricity at high voltages. These cables are essential components of electrical infrastructure, used in applications such as power transmission and distribution, renewable energy projects, industrial plants, and grid connections.

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May 8, 2024

Asia Pacific Electric Three-Wheeler Market Size & Share - Future Growth Expectations

The Asia Pacific electric three-wheeler market is projected to grow from USD 813 million in 2023 to USD 892 million by 2028, registering a CAGR of 1.9%. The Asia Pacific region is witnessing a surge in the electric three-wheeler market, attributed mainly to government incentives, environmental awareness, and cost-effectiveness. Governments in the Asia Pacific region are providing subsidies and tax rebates to encourage the use of electric vehicles, including three-wheelers, to reduce the dependency on fossil fuels and improve air quality. Since electric three-wheelers produce no exhaust emissions, they are an attractive option for countries with severe air pollution. Furthermore, electric three-wheelers are cheaper to run and require less maintenance, making them a more economical option, especially in places with high gasoline prices. The market is anticipated to grow further in the coming years due to supportive government initiatives and rising environmental concerns.

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May 8, 2024

Offshore Support Vessel Market Size & Share - Future Growth Expectations

The global offshore support vessel market size is expected to reach USD 31.4 billion by 2028 from an estimated USD 22.6 billion in 2023, at a CAGR of 6.7% during the forecast period. The major factors driving the growth of this market include the rising trend of investments in offshore wind and oil & gas projects.

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May 8, 2024

Micromotor Industry - Forthcoming Trends to Fuel the Global Growth

The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. The demand for micromotors is driven by factors such as miniaturization, efficiency, precision and accuracy, cost-effectiveness, and innovation, as they are ideal for small, lightweight, battery-powered devices that require high levels of control and can provide high torque and power density in a small package.

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May 8, 2024

Micromotor Market Size & Share - Future Growth Expectations

The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. The demand for micromotors is driven by factors such as miniaturization, efficiency, precision and accuracy, cost-effectiveness, and innovation, as they are ideal for small, lightweight, battery-powered devices that require high levels of control and can provide high torque and power density in a small package.

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May 8, 2024

Electric Scooter and Motorcycle Industry - Forthcoming Trends to Fuel the Global Growth

The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. In the near future, demand for e-scooters and e-motorcycles is expected to increase due to favourable government policies and OEM investment.

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May 8, 2024

Electric Scooter and Motorcycle Market Size & Share - Future Growth Expectations

The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. In the near future, demand for e-scooters and e-motorcycles is expected to increase due to favourable government policies and OEM investment.

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May 8, 2024

Autonomous Forklift Industry - Forthcoming Trends to Fuel the Global Growth

The autonomous forklift market size is projected to reach USD 8.8 billion by 2028 from an estimated USD 4.6 billion in 2023, at a CAGR of 13.8% from 2023 to 2028. The base year for the report is 2022, and the forecast period is from 2023 to 2028. The key factors contributing for the growth of autonomous forklift market includes rising demand for automated storage and retrieval systems (ASRS), growing popularity about automated material handling equipment and warehouse espicailly in e-commerce industry, industrial growth in emerging economies, rising demand for third-party logistics services are some of the driving factors for the market.

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May 8, 2024

Autonomous Forklift Market Size & Share - Future Growth Expectations

The autonomous forklift market size is projected to reach USD 8.8 billion by 2028 from an estimated USD 4.6 billion in 2023, at a CAGR of 13.8% from 2023 to 2028. The base year for the report is 2022, and the forecast period is from 2023 to 2028. The key factors contributing for the growth of autonomous forklift market includes rising demand for automated storage and retrieval systems (ASRS), growing popularity about automated material handling equipment and warehouse espicailly in e-commerce industry, industrial growth in emerging economies, rising demand for third-party logistics services are some of the driving factors for the market.

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May 8, 2024

E-Bike Industry - Forthcoming Trends to Fuel the Global Growth

The global E-Bike market is projected to grow from USD 49.1 billion in 2023 to USD 62.3 billion by 2028 at a CAGR of 4.9% from 2023 to 2028. The growth in the E-Bike industry is expected mainly due to driving factors for the market like increasing traffic congestion, growing interest in cycling as a fitness and recreational activity, and the inclination of consumers toward an eco-friendly solution for commuting.

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May 8, 2024

Digital Transformation in Agriculture: Impact on Precision Farming Market Share

The agricultural sector is undergoing a significant transformation driven by digital technologies, revolutionizing traditional farming practices. One of the key outcomes of this digital revolution is the rise of precision farming, which leverages data-driven insights to optimize agricultural processes. In this article, we explore how digital transformation is reshaping the precision farming landscape and its impact on market share dynamics.

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May 8, 2024

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