• Home
  • Research Insight

Research Insight

  • Biofuel Industry - Emerging Trends Making Great Impact

    The global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The market for biofuels has expanded dramatically in recent years as a result of growing worries about energy security, climate change, and the need to lessen reliance on fossil fuels. Market expansion has also been impacted by laws and regulations, such as those pertaining to carbon pricing and renewable fuel requirements. The biofuel market has also grown as a result of improvements in research and development expenditures as well as technological developments in the biofuel production process.

    • Published: May 2024

  • Automotive Wiring Harness Market Size & Share - Future Growth Expectations

    The global automotive wiring harness market is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% during the forecast period. The base year for the report is 2022, and the forecast period is from 2023 to 2030.

    • Published: May 2024

  • Biofuel Market Size & Share - Future Growth Expectations

    The global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The worldwide commerce and use of fuels made from organic materials, such as plants, algae, or animal waste, is referred to as the biofuel market. Because they can be supplied more quickly than fossil fuels like coal, oil, and natural gas, these fuels are regarded as renewable.

    • Published: May 2024

  • Train Battery Industry - Forthcoming Trends to Fuel the Global Growth

    The train battery market, by value, is projected to grow to USD 378 million by 2030 from USD 277 million in 2023, at a CAGR of 4.6% from 2023 to 2030. The base year for the report is 2022 and the forecast period is from 2023 to 2030. The growth of train battery can be attributed to factors such as increasing urbanization and growing demand for sustainable transportation in developing as well as developed countries. The rising urbanization and growing demand for sustainable transport ultimately driving the expenditure for railway expansions. In addition to this, the expansion of railways will require higher energy density storage system which will drive the demand for train batteries in coming years.

    • Published: May 2024

  • Train Battery Market Size & Share - Future Growth Expectations

    The train battery market, by value, is projected to grow to USD 378 million by 2030 from USD 277 million in 2023, at a CAGR of 4.6% from 2023 to 2030. The base year for the report is 2022 and the forecast period is from 2023 to 2030. The growth of train battery can be attributed to factors such as increasing urbanization and growing demand for sustainable transportation in developing as well as developed countries. The rising urbanization and growing demand for sustainable transport ultimately driving the expenditure for railway expansions. In addition to this, the expansion of railways will require higher energy density storage system which will drive the demand for train batteries in coming years.

    • Published: May 2024

  • Transformer Oil Industry - Emerging Trends to Fuel the Global Growth

    The global transformer oil market is expected to reach USD 3.0 billion by 2030 from an estimated USD 2.0 billion in 2023, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the increasing energy demand has pushed developing and developed economies to expand their electric grids and modernize their grid network.

    • Published: May 2024

  • Transformer Oil Market Size & Share - Future Growth Expectations

    The global transformer oil market size is expected to reach USD 3.0 billion by 2030 from an estimated USD 2.0 billion in 2023, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the increasing energy demand has pushed developing and developed economies to expand their electric grids and modernize their grid network.

    • Published: May 2024

  • Vacuum Contactor Industry - Emerging Trends Making Great Impact

    The vacuum contactor market is expected to witness significant growth, with an estimated value of USD 4.1 billion in 2023 and a projected reach of USD 5.5 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1%. The industry that produces, distributes, and sells vacuum contactors is known as the vacuum contactor market. In high voltage applications, an electrical device called a vacuum contactor is used to create or break an electrical circuit. It works in demanding electrical systems by producing a vacuum between contacts to put out the arc that is created when the contacts open or close. This ensures dependable and efficient operation.

    • Published: May 2024

  • Vacuum Contactor Market Size & Share - Future Growth Expectations

    The vacuum contactor market size is poised for remarkable growth, with projections indicating substantial expansion. It's estimated to have reached a value of USD 4.1 billion in 2023, and forecasts suggest it will soar to USD 5.5 billion by 2028, showcasing a robust Compound Annual Growth Rate (CAGR) of 6.1%. This anticipated growth underscores the increasing demand for vacuum contactors across various industries, driven by factors such as the rise of smart grid technologies, the integration of renewable energy sources, the electrification of transportation, and the emphasis on energy efficiency and sustainability. As the market continues to evolve, manufacturers are likely to focus on innovation, technological advancements, and strategic partnerships to capitalize on emerging opportunities and meet the evolving needs of customers worldwide.

    • Published: May 2024

  • Automotive Actuators Industry - Forthcoming Trends to Fuel the Global Growth

    The Automotive Actuators market is projected to grow from an estimated USD 20.9 billion in 2023 to reach USD 29.3 billion by 2030 at a CAGR of 4.9% during the forecast period. The Automotive Actuators market is witnessing rapid growth owing to the adoption of advanced systems and comfort features in nearly all mid-size to high-end vehicles. Leading manufacturers are highly focused on launching products with new technologies, which will serve a wide range of vehicle applications in the future. This will help the manufacturers cater to the rising customer demand for advanced feature vehicles and achieve the targeted market share in the global automotive actuators market.

    • Published: May 2024

  • Automotive Actuators Market Size & Share - Future Growth Expectations

    The Automotive Actuators market is projected to grow from an estimated USD 20.9 billion in 2023 to reach USD 29.3 billion by 2030 at a CAGR of 4.9% during the forecast period. The Automotive Actuators market is witnessing rapid growth owing to the adoption of advanced systems and comfort features in nearly all mid-size to high-end vehicles. Leading manufacturers are highly focused on launching products with new technologies, which will serve a wide range of vehicle applications in the future. This will help the manufacturers cater to the rising customer demand for advanced feature vehicles and achieve the targeted market share in the global automotive actuators market.

    • Published: May 2024

  • Hybrid Power Solutions Industry - Forthcoming Trends to Fuel the Global Growth

    The global hybrid power solutions market is projected to reach USD 4.0 billion by 2028 from an estimated USD 2.4 billion in 2023, at a CAGR of 10.4% during the forecast period. Hybrid power solutions, which often combine renewable sources like solar or wind with traditional sources like diesel or gas generators, offer a flexible and reliable way to meet energy needs while reducing environmental impact. This growth trajectory suggests a growing recognition of the benefits of hybrid systems in terms of both economic efficiency and environmental sustainability.

    • Published: May 2024

  • Automotive Software Industry - Forthcoming Trends to Fuel the Global Growth

    The global automotive software market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%. Factors such as advent of software-defined vehicles in conjunction with rising adoption of ADAS features are expected to increase the demand for automotive software. Also, increasing support from governments for vehicle safety paired with increasing demand for semi-autonomous vehicles are also expected to support the revenue growth of the automotive software market during the forecast period.

    • Published: May 2024

  • AC Circuit Breaker Industry - Emerging Trends to Fuel the Global Growth

    The global ac circuit breaker market is expected to reach USD 5.3 billion by 2028 from an estimated USD 4.1 billion in 2023, at a CAGR of 5.3% during the forecast period. The major factors driving the growth of this market include the growing investments in power generation from renewable energy sources, increasing capacity additions and enhancements for T&D networks, strengthening of power distribution infrastructure, and increased investments in industrial production.

    • Published: May 2024

  • AC Circuit Breaker Market Size & Share - Future Growth Expectations

    The global ac circuit breaker market size is expected to reach USD 5.3 billion by 2028 from an estimated USD 4.1 billion in 2023, at a CAGR of 5.3% during the forecast period. The major factors driving the growth of this market include the growing investments in power generation from renewable energy sources, increasing capacity additions and enhancements for T&D networks, strengthening of power distribution infrastructure, and increased investments in industrial production.

    • Published: May 2024

  • Hybrid Power Solutions Market Size & Share - Future Growth Expectations

    The hybrid power solutions market is expected to grow from an estimated USD 2.4 billion in 2023 to USD 4.0 billion by 2028, at a CAGR of 10.4% during the forecast period. Hybrid power solutions provide a flexible and dependable way to meet energy needs while minimizing environmental effect. They typically mix traditional sources like diesel or gas generators with renewable sources like solar or wind. This rising trend points to an increasing awareness of the advantages of hybrid systems with respect to sustainability of the environment and economic efficiency.

    • Published: May 2024

  • Automotive Software Market Size & Share - Future Growth Expectations

    The global automotive software market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%. Factors such as advent of software-defined vehicles in conjunction with rising adoption of ADAS features are expected to increase the demand for automotive software. Also, increasing support from governments for vehicle safety paired with increasing demand for semi-autonomous vehicles are also expected to support the revenue growth of the automotive software market during the forecast period.

    • Published: May 2024

  • All-terrain Vehicle Industry - Forthcoming Trends to Fuel the Global Growth

    The all-terrain vehicle market, by value, is projected to grow to USD 3.7 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 3.0% from 2023 to 2028. The base year for the report is 2022 and the forecast period is from 2023 to 2028. The rising popularity of ATVs in recreational activities, mainly worldwide championships, and increasing demand for ATVs in different applications such as agriculture, and military are expected to drive the growth of the all-terrain vehicle market.

    • Published: May 2024

  • All-terrain Vehicle Market Size & Share - Future Growth Expectations

    The all-terrain vehicle market, by value, is projected to grow to USD 3.7 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 3.0% from 2023 to 2028. The base year for the report is 2022 and the forecast period is from 2023 to 2028. The rising popularity of ATVs in recreational activities, mainly worldwide championships, and increasing demand for ATVs in different applications such as agriculture, and military are expected to drive the growth of the all-terrain vehicle market.

    • Published: May 2024

  • Pressure Vessels Industry - Emerging Trends to Fuel the Global Growth

    The global pressure vessels market is expected to reach USD 62.7 billion by 2028 from an estimated USD 50.3 billion in 2023, at a CAGR of 4.5% during the forecast period. The major factors driving the growth of this market include the growing investments in the chemical industry, and risign oil & gas facilities.

    • Published: May 2024

  • Distributed Control System Market Size & Share - Future Growth Expectations

    The global distributed control system market is projected to reach USD 26.7 billion by 2028 from an estimated USD 19.9 billion in 2023, at a CAGR of 6.1% during the forecast period. The market for distributed control systems is driven by factors such as increasing demand for industrial automation, focus on operational efficiency, stringent safety and regulatory requirements, adoption of renewable energy sources, and the emergence of cloud-based solutions. As industries continue to invest in automation and digital transformation initiatives, the DCS market is expected to grow steadily in the coming years.

    • Published: May 2024

  • Electric Vehicle Tires Industry - Forthcoming Trends to Fuel the Global Growth

    The global electric vehicle tires market size is projected to grow from USD 2.8 Billion in 2023 to USD 11.2 Billion by 2030, at a CAGR of 21.7%. Factors such as increasing sales of elecrtric passenger cars amid growing concerns about carbon emissions are expected to increase the demand for electric vehicle tires for electric vehicles. Also, increasing support from governments for electrification of vehciels is also expected to support the revenue growth of the electric vehicle tires during the forecast period.

    • Published: May 2024

  • Robotaxi Industry - Forthcoming Trends to Fuel the Global Growth

    The global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. In the near future, demand for robotaxi is expected to increase due to favourable investment made for automotive industry.

    • Published: May 2024

  • Distributed Control System Industry - Emerging Trends to Fuel the Global Growth

    The global distributed control system market is projected to reach USD 26.7 billion by 2028 from an estimated USD 19.9 billion in 2023, at a CAGR of 6.1% during the forecast period. The DCS market is influenced by factors such as technological advancements, industry regulations, market demand for automation solutions, and emerging trends like IoT integration and cloud-based solutions. As industries continue to prioritize efficiency, safety, and compliance, the DCS market is expected to experience steady growth in the coming years.

    • Published: May 2024

  • Robotaxi Market Size & Share - Future Growth Expectations

    The global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. In the near future, demand for robotaxi is expected to increase due to favourable investment made for automotive industry.

    • Published: May 2024

  • Electric Vehicle Tires Market Size & Share - Future Growth Expectations

    The global electric vehicle tires market size is projected to grow from USD 2.8 Billion in 2023 to USD 11.2 Billion by 2030, at a CAGR of 21.7%. Factors such as increasing sales of elecrtric passenger cars amid growing concerns about carbon emissions are expected to increase the demand for electric vehicle tires for electric vehicles. Also, increasing support from governments for electrification of vehciels is also expected to support the revenue growth of the electric vehicle tires during the forecast period.

    • Published: May 2024

  • Pressure Vessels Market Size & Share - Future Growth Expectations

    The global pressure vessels market size is expected to reach USD 62.7 billion by 2028 from an estimated USD 50.3 billion in 2023, at a CAGR of 4.5% during the forecast period. The major factors driving the growth of this market include the growing investments in the chemical industry, and risign oil & gas facilities.

    • Published: May 2024

  • Automotive Paints Industry - Forthcoming Trends to Fuel the Global Growth

    The automotive paints market is projected to reach USD 9.9 billion by 2028 from an estimated USD 8.4 billion in 2023, at a CAGR of 3.2% during the forecast period. The automotive paints market is witnessing a significant growth dut to increase in sales of SUVs and EVs across the regions. Also, there is increase in adoption for powder coating and water-borne coating technologies in automotive sector to reduce the environmental impact. Hence these factors is driving the automotive paints market.

    • Published: May 2024

  • Automotive TIC Industry - Forthcoming Trends to Fuel the Global Growth

    The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The automotive industry is undergoing rapid technological advancements, with the rise of electric vehicles, connected cars, and autonomous driving systems. This has created a need for comprehensive TIC services for new applications arising from these technological advancements, to ensure the safety, quality, and compliance of automotive products and components. The increasing complexity of automotive systems, stringent regulatory standards, and the need for efficient and reliable supply chains have further fueled the demand for TIC services in the automotive sector. TIC services help automotive manufacturers and suppliers meet the industry's requirements, adhere to safety standards, and gain consumer trust.

    • Published: May 2024

  • Hydraulic Fracturing Market Size & Share - Future Growth Expectations

    The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. The size and growth of the hydraulic fracturing market depend on factors such as global energy demand, oil and gas prices, regulatory environments, technological advancements, and environmental concerns. In recent years, the market has experienced fluctuations due to shifts in oil and gas prices, environmental regulations, and public perception of fracking's environmental impacts.

    • Published: May 2024

  • Automotive TIC Market Size & Share - Future Growth Expectations

    The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The automotive industry is undergoing rapid technological advancements, with the rise of electric vehicles, connected cars, and autonomous driving systems. This has created a need for comprehensive TIC services for new applications arising from these technological advancements, to ensure the safety, quality, and compliance of automotive products and components. The increasing complexity of automotive systems, stringent regulatory standards, and the need for efficient and reliable supply chains have further fueled the demand for TIC services in the automotive sector. TIC services help automotive manufacturers and suppliers meet the industry's requirements, adhere to safety standards, and gain consumer trust.

    • Published: May 2024

  • Automotive Paints Market Size & Share - Future Growth Expectations

    The automotive paints market is projected to reach USD 9.9 billion by 2028 from an estimated USD 8.4 billion in 2023, at a CAGR of 3.2% during the forecast period. The automotive paints market is witnessing a significant growth dut to increase in sales of SUVs and EVs across the regions. Also, there is increase in adoption for powder coating and water-borne coating technologies in automotive sector to reduce the environmental impact. Hence these factors is driving the automotive paints market.

    • Published: May 2024

  • Hydraulic Fracturing Industry - Emerging Trends to Fuel the Global Growth

    The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an estimated USD 52.1 billion in 2023, at a CAGR of 7.4% during the forecast period. Factors influencing the hydraulic fracturing market include global energy demand, oil and gas prices, regulatory environments, technological advancements, and environmental considerations. Despite facing scrutiny over environmental impacts, hydraulic fracturing continues to play a significant role in meeting energy needs, particularly in regions with vast shale reserves like North America.

    • Published: May 2024

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

    The Automatic tire inflation system market expected to reach USD 138 million by 2028 from USD 82 million in 2023, 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.

    • Published: May 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 2.69 billion in 2024 (Estimate Year) and is projected to reach USD 4.58 billion by 2030 (Forecast Year) growing at a CAGR of 9.3% 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 2024

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

    The Automatic tire inflation system market expected to reach USD 138 million by 2028 from USD 82 million in 2023, 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.

    • Published: May 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.

    • Published: May 2024

  • Residential Energy Storage Market Size & Share - Future Growth Expectations

    The global residential energy storage market is estimated to be valued at USD 2.69 billion in 2024 (Estimate Year) and is projected to reach USD 4.58 billion by 2030 (Forecast Year) growing at a CAGR of 9.3% 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 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.

    • Published: May 2024

Market Research Reports

DMCA.com Protection Status