Research Insight

Understanding the VSaaS Market Size

Video Surveillance as a Service (VSaaS) is experiencing a surge in demand, driven by technological advancements, the need for remote monitoring, and the increasing emphasis on security across various sectors.

• Published: May 2024

Exploring Exploring Wearable AI Market Share

Wearable artificial intelligence (AI) represents a prime example of this integration, offering convenience, functionality, and efficiency in compact, wearable forms. From smartwatches that track our health to augmented reality glasses that enhance our experiences, the Wearable AI market share is booming, with significant implications for consumers and businesses alike.

• Published: May 2024

Recreational Boat Market Size & Share - Future Growth Expectations

The recreational boat industry is projected to grow from USD 18.9 billion in 2023 to USD 25.9 billion in 2028, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.

• Published: May 2024

Weigh-In-Motion System Industry - Forthcoming Trends to Fuel the Global Growth

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

• Published: May 2024

Portable Generator Industry - Forthcoming Trends to Fuel the Global Growth

The global Portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. The market for portable generators is influenced by factors such as demand for reliable backup power solutions, frequency and severity of power outages, growth in outdoor recreational activities, and construction and industrial activities. Manufacturers in this market compete on factors such as price, fuel efficiency, power output, durability, and features such as noise reduction and portability.

• Published: May 2024

Weigh-In-Motion System Size & Share - Future Growth Expectations

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

• Published: May 2024

Distribution Automation Market Size & Share - Future Growth Expectations

The global distribution automation market is expected to reach USD 36.5 billion by 2029 from an estimated USD 19.3 billion in 2024, at a CAGR of 12.2% from 2024 to 2029. Distribution automation systems enable utilities to remotely monitor, control, and manage the distribution grid in real-time, allowing for faster fault detection, isolation, and restoration of power, thus minimizing downtime and improving overall service reliability. This market has been growing significantly as utilities seek to modernize their infrastructure and adapt to evolving energy demands and regulatory requirements.

• Published: May 2024

Smart Meter Industry - Forthcoming Trends to Fuel the Global Growth

The global smart meter market is expected to reach USD 36.3 billion by 2028 from an estimated USD 23.1 billion in 2023, at a CAGR of 9.4% during the forecast period. The major factors driving the growth of this market include the adoption of smart meters include stringent government policies, increased awareness of the disadvantages of carbon footprint, contactless billing, improved grid reliability and efficient outage response, and the strong need for data analytics in the electric power industry.

• Published: May 2024

Smart Meter Market Size & Share - Future Growth Expectations

The global smart meter market size is expected to reach USD 36.3 billion by 2028 from an estimated USD 23.1 billion in 2023, at a CAGR of 9.4% during the forecast period. The major factors driving the growth of this market include the adoption of smart meters include stringent government policies, increased awareness of the disadvantages of carbon footprint, contactless billing, improved grid reliability and efficient outage response, and the strong need for data analytics in the electric power industry.

• Published: May 2024

Distribution Automation Industry - Forthcoming Trends to Fuel the Global Growth

The global distribution automation market is expected to reach USD 36.5 billion by 2029 from an estimated USD 19.3 billion in 2024, at a CAGR of 13.6% from 2024 to 2029. The distribution automation market refers to the application of modern technologies to automate the process of delivering electricity from substations to consumers. It involves the integration of various smart devices, sensors, communication technologies, and software solutions into the power distribution network to improve reliability, efficiency, and flexibility.

• Published: May 2024

Green Ammonia Industry - Forthcoming Trends to Fuel the Global Growth

The global green ammonia market is projected to reach USD 17.9 billion by 2030 from an estimated USD 0.3 billion in 2023, at a CAGR of 72.9% during the forecast period. The major factors driving the growth of this market include the rising investment in renewable energy projects and a decline in power generation cost.

• Published: May 2024

Green Ammonia Market Size & Share - Future Growth Expectations

The global green ammonia market size is projected to reach USD 17.9 billion by 2030 from an estimated USD 0.3 billion in 2023, at a CAGR of 72.9% during the forecast period. The major factors driving the growth of this market include the rising investment in renewable energy projects and a decline in power generation cost.

• Published: May 2024

Automotive Cybersecurity Industry - Forthcoming Trends to Fuel the Global Growth

The global automotive cybersecurity market size is projected to grow from  USD 2.5 billion in 2023 to  USD 6.0 billion by 2028, at a CAGR of 18.5%. Factors such as increasing adoption of ADAS equipped vehicles, increased use of electronics per vehicle, and growing focus towards vehicle safety will increase the need for automotive cybersecurity. Also the growing cloud-based applications, and increasing penetration of V2X enabled services are also expected to support the revenue growth of the automotive cybersecurity market during the forecast period.

• Published: May 2024

Automotive Cybersecurity Market Size & Share - Future Growth Expectations

The global automotive cybersecurity market size is projected to grow from  USD 2.5 billion in 2023 to  USD 6.0 billion by 2028, at a CAGR of 18.5%. Factors such as increasing adoption of ADAS equipped vehicles, increased use of electronics per vehicle, and growing focus towards vehicle safety will increase the need for automotive cybersecurity. Also the growing cloud-based applications, and increasing penetration of V2X enabled services are also expected to support the revenue growth of the automotive cybersecurity market during the forecast period.

• Published: May 2024

Electric Commercial Vehicle Traction Motor Industry - Forthcoming Trends to Fuel the Global Growth

The global Electric Commercial Vehicle Traction Motor market is projected to grow from USD 2.1 billion in 2024 to USD 9.8 billion by 2030, registering a CAGR of 28.8%. The electric commercial vehicle (ECV) traction motor market for vehicles such as trucks, pickup trucks, vans and buses is experiencing a surge fueled by significant driver the global push towards sustainability and reducing carbon emissions. With governments imposing stricter regulations on vehicle emissions, manufacturers are increasingly turning to electric propulsion systems. This shift towards electrification has propelled the demand for ECV traction motors, as they offer a cleaner and more efficient alternative to traditional internal combustion engines. Additionally, advancements in battery technology have extended the range and improved the performance of electric vehicles, further boosting the adoption of ECV traction motors.

• Published: May 2024

High-Speed Engine Industry - Emerging Trends to Fuel the Global Growth

The global high-speed engine market is projected to reach USD 29.9 billion by 2028 from an estimated USD 23.6 billion in 2022, at a CAGR of 4.0% during the forecast period. The major factors driving the growth of this market include the rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism.

• Published: May 2024

High-Speed Engine Market Size & Share - Future Growth Expectations

The global high-speed engine market size is projected to reach USD 29.9 billion by 2028 from an estimated USD 23.6 billion in 2022, at a CAGR of 4.0% during the forecast period. The major factors driving the growth of this market include the rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism.

• Published: May 2024

Electric Commercial Vehicle Traction Motor Market Size & Share - Future Growth Expectations

The global Electric Commercial Vehicle Traction Motor market is projected to grow from USD 2.1 billion in 2024 to USD 9.8 billion by 2030, registering a CAGR of 28.8%. The electric commercial vehicle (ECV) traction motor market for vehicles such as trucks, pickup trucks, vans and buses is experiencing a surge fueled by significant driver the global push towards sustainability and reducing carbon emissions. With governments imposing stricter regulations on vehicle emissions, manufacturers are increasingly turning to electric propulsion systems. This shift towards electrification has propelled the demand for ECV traction motors, as they offer a cleaner and more efficient alternative to traditional internal combustion engines. Additionally, advancements in battery technology have extended the range and improved the performance of electric vehicles, further boosting the adoption of ECV traction motors.

• Published: May 2024

Exploring Automatic Tube Cleaning System Market Size

The automatic tube cleaning system market size and share report provide an in-depth analysis of the global market landscape, offering insights into market trends, growth drivers, challenges, and opportunities. It includes a detailed assessment of key market players, competitive dynamics, and strategic initiatives. The report covers various segments of the automatic tube cleaning system market, including technology types, applications, end-user industries, and geographic regions, providing valuable information for stakeholders to navigate the market effectively.

• Published: May 2024

Common-mode Chokes Market Size Insights

The common mode choke market size and share report offers a comprehensive analysis of the global market landscape, providing insights into market trends, growth drivers, challenges, and opportunities. It encompasses a detailed assessment of key market players, competitive dynamics, and strategic initiatives. The report delves into various segments of the common mode choke market, including product type, application, end-user industry, and geographic regions, offering valuable insights for stakeholders to navigate the market landscape effectively.

• Published: May 2024

Understanding IoT Sensors Market Size Dynamics

The IoT sensors market size and share report provide an extensive analysis of the global market landscape, offering insights into market trends, growth drivers, challenges, and opportunities. It includes a detailed assessment of key market players, competitive dynamics, and strategic initiatives. The report covers various segments of the IoT sensors market, including sensor types, applications, end-user industries, and geographic regions, providing valuable information for stakeholders to navigate the market effectively.

• Published: May 2024

Pressure Control Equipment Industry - Emerging Trends to Fuel the Global Growth

The global pressure control equipment market is projected to reach USD 8.9 billion by 2027 from an estimated USD 6.8 billion in 2022, at a CAGR of 5.4% during the forecast period. The major factors driving the growth of this market include technological advancement in oilfield equipment, increase in global investment in exploration and production (E&P), and rise in unconventional hydrocarbon production in North America.

• Published: May 2024

Pressure Control Equipment Market Size & Share - Future Growth Expectations

The global pressure control equipment market size is expected to reach USD 8.9 billion by 2027 from an estimated USD 6.8 billion in 2022, at a CAGR of 5.4% during the forecast period. The major factors driving the growth of this market include technological advancement in oilfield equipment, increase in global investment in exploration and production (E&P), and rise in unconventional hydrocarbon production in North America.

• Published: May 2024

Understanding the Text-to-Speech Market Size

The text-to-speech market size and share report offer an extensive analysis of the global market landscape, providing insights into market trends, growth drivers, challenges, and opportunities. It encompasses a detailed assessment of key market players, competitive dynamics, and strategic initiatives. The report covers various segments of the text-to-speech market, including technology types, applications, end-user industries, and geographic regions, providing valuable information for stakeholders to navigate the market effectively.

• Published: May 2024

Wireless Charging Industry for Electric Vehicles - Forthcoming Trends to Fuel the Global Growth

The global Wireless Charging Market for Electric Vehicles size is projected to grow from USD 80 Million in 2023 to USD 1279 Million by 2030, at a CAGR of 48.4%. Factors such as rapid development of fast-charging infrastructure for electric vehicles in conjunction with rising sales of electric vehicles are expected to increase the demand for wireless charging solutions for electric vehicles. Also, increasing support from governments for wireless charging paired with increasing demand for semi-autonomous vehicles are also expected to support the revenue growth of the wireless charging for electric vehicles during the forecast period.

• Published: May 2024

Wireless Charging Market for Electric Vehicles Size & Share - Future Growth Expectations

The global Wireless Charging Market for Electric Vehicles size is projected to grow from USD 80 Million in 2023 to USD 1279 Million by 2030, at a CAGR of 48.4%. Factors such as rapid development of fast-charging infrastructure for electric vehicles in conjunction with rising sales of electric vehicles are expected to increase the demand for wireless charging solutions for electric vehicles. Also, increasing support from governments for wireless charging paired with increasing demand for semi-autonomous vehicles are also expected to support the revenue growth of the wireless charging for electric vehicles during the forecast period.

• Published: May 2024

Automotive Ethernet Market Size & Share - Future Growth Expectations

The global automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 19.7%. Factors such as the increasing complexity of in-vehicle systems, such as advanced driver assistance systems and infotainment, necessitating higher data bandwidth and reliable communication are expected to increase the demand for automotive ethernet. Additionally, the adoption of autonomous driving technologies, standardization efforts for interoperability, and the demand for cost-effective and secure networking solutions contribute to the expanding market for automotive ethernet during the forecast period.

• Published: May 2024

Geothermal Energy Industry - Emerging Trends to Fuel the Global Growth

The global geothermal energy market is projected to reach USD 9.4 billion by 2027 from an estimated USD 7.0 billion in 2022, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the growing demand for geothermal heat pumps, and the rising use of geothermal energy for power generation.

• Published: May 2024

Geothermal Energy Market Size & Share - Future Growth Expectations

The global geothermal energy market size is projected to reach USD 9.4 billion by 2027 from an estimated USD 7.0 billion in 2022, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the growing demand for geothermal heat pumps, and the rising use of geothermal energy for power generation.

• Published: May 2024

Industrial Vehicles Market Size & Share - Future Growth Expectations

The global industrial vehicles market size is projected to grow from USD 43.1 Billion in 2024 to USD 56.7 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is expected to rise in the coming years due to increasing automation and adoption of advanced technologies, driving demand for specialized vehicles for various industrial applications. Additionally, growing infrastructure development projects and expanding manufacturing sectors worldwide fuel the need for efficient material handling and transportation solutions, further propelling the growth of the industrial vehicles market during the forecast period.

• Published: May 2024

MOSFET Relay Market Size & Share - Future Growth Expectations

The MOSFET relay market is estimated to be USD 237 million in 2022 to USD 474 million by 2030, at a CAGR of 9.1% during the forecast period. The MOSFET relay market refers to the industry involved in the production, distribution, and sale of MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor) relays. MOSFET relays are electronic switches that use MOSFETs as the switching elements instead of traditional electromechanical components like mechanical relays or solid-state relays (SSRs).

• Published: May 2024

MOSFET Relay Industry - Forthcoming Trends to Fuel the Global Growth

The MOSFET relay market is estimated to be USD 237 million in 2022 to USD 474 million by 2030, at a CAGR of 9.1% during the forecast period. These relays offer advantages such as faster switching speeds, lower power consumption, smaller size, and longer operational life compared to their counterparts. They find applications in various industries including automotive, telecommunications, industrial automation, consumer electronics, and more.

• Published: May 2024

Hyperspectral Imaging Systems Market Size Analysis

The hyperspectral imaging systems market encompasses a diverse range of products, services, and applications, contributing to its substantial size and market potential.

• Published: May 2024

Africa Centrifugal Pump Market Size & Share - Future Growth Expectations

The global Africa centrifugal pump market is expected to reach USD 936 million by 2032 from an estimated USD 568 million in 2022, at a CAGR of 5.1% from 2022 to 2032. The Africa centrifugal pump market refers to the industry segment within Africa that deals with the production, distribution, and sale of centrifugal pumps. Centrifugal pumps are mechanical devices designed to move fluids by converting rotational kinetic energy into hydrodynamic energy. They are widely used in various industries such as water and wastewater, oil and gas, power generation, chemical processing, and agriculture, among others.

 

• Published: May 2024

Exploring the Evolving Landscape of the Power Tools Market Share

The power tools market share is steadily increasing as industries embrace efficiency and precision in their operations. Leading companies are competing fiercely to capture larger portions of this growing market. Power tools have become indispensable in various industries, from construction to manufacturing, owing to their efficiency and precision.

• Published: May 2024

Africa Centrifugal Pump Industry - Forthcoming Trends to Fuel the Global Growth

The global Africa centrifugal pump market is expected to reach USD 936 million by 2032 from an estimated USD 568 million in 2022, at a CAGR of 5.1% from 2022 to 2032. The Africa centrifugal pump market encompasses both the demand for these pumps within the continent and the supply side, which includes manufacturers, distributors, and retailers. Factors influencing this market include economic growth, industrialization, infrastructure development, and investments in sectors like water management, mining, and agriculture.

• Published: May 2024

Automotive HMI Industry - Forthcoming Trends to Fuel the Global Growth

The automotive HMI market is expected to reach USD 40.2 billion in 2028 from USD 23.9 billion in 2023, at a CAGR of 11.0% during the forecast period. Rising consumer expectations in terms of advanced features for enhanced in-vehicle experience, increase in driver safety awareness, upsurge in the trend of autonomous and electric vehicles, the increasing connectivity of vehicles with external networks and devices, and the drive for competitiveness and brand differentiation in the automotive industry are some of the factors driving the demand for automotive HMI market.

• Published: May 2024

Nuclear Power Plant Equipment Industry - Forthcoming Trends to Fuel the Global Growth

The global nuclear power plant equipment market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Nuclear Power Plant Equipment Market Size & Share - Future Growth Expectations

The global nuclear power plant equipment market size is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Relay Market Size & Share - Future Growth Expectations

The relay market is estimated to be USD 9.0 billion in 2022 to USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. The size of the relay market can vary significantly depending on factors such as the industry sector, geographic region, and type of relays considered. For instance, the global electrical relays market was valued at several billion dollars annually as of recent years, with projections for continued growth due to increasing industrial automation and infrastructure development.

• Published: May 2024

Energy Efficient Motor Industry - Emerging Trends to Fuel the Global Growth

The global energy efficient motor market is projected to reach USD 59.3 billion by 2028 from an estimated USD 41.7 billion in 2023, at a CAGR of 7.3% during the forecast period. The major factors driving the growth of this market include the adoption of energy efficient motors include stringent government policies with the goal of achieving high efficiencies in appliances, equipments in various sectors so to move towards decarbonization.

• Published: May 2024

Energy Efficient Motor Market Size & Share - Future Growth Expectations

The global energy efficient motor market size is projected to reach USD 59.3 billion by 2028 from an estimated USD 41.7 billion in 2023, at a CAGR of 7.3% during the forecast period. The major factors driving the growth of this market include the adoption of energy efficient motors include stringent government policies with the goal of achieving high efficiencies in appliances, equipments in various sectors so to move towards decarbonization.

• Published: May 2024

Relay Industry - Forthcoming Trends to Fuel the Global Growth

The relay market is estimated to be USD 9.0 billion in 2022 to USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. This is a market related to electrical relays, which are devices used to control the flow of electricity in a circuit. This market includes various types of relays such as electromechanical relays, solid-state relays, thermal relays, etc. It involves manufacturers, suppliers, distributors, and consumers of these relay products.

• Published: May 2024

Solid Biomass Feedstock Industry - Emerging Trends to Fuel the Global Growth

The global solid biomass feedstock market is projected to reach USD 36.2 billion by 2029 from an estimated USD 26.6 billion in 2024, at a CAGR of 6.3% during the forecast period. The major factors driving the growth of this market include the rising environmental concerns, increasing focus on renewable energy, and the growing demand for alternative to fossil fuels.

• Published: May 2024

Solid Biomass Feedstock Market Size & Share - Future Growth Expectations

The global solid biomass feedstock market size is projected to reach USD 36.2 billion by 2029 from an estimated USD 26.6 billion in 2024, at a CAGR of 6.3% during the forecast period. The major factors driving the growth of this market include the rising environmental concerns, increasing focus on renewable energy, and the growing demand for alternative to fossil fuels.

• Published: May 2024

Circuit Monitoring Market Size & Share - Future Growth Expectations

The global circuit monitoring market is projected to reach USD 829 million by 2028 from an estimated USD 659 million in 2023, at a CAGR of 4.7% during the forecast period. The circuit monitoring market refers to the industry involved in providing solutions and technologies for monitoring the performance, health, and efficiency of electrical circuits and systems. This market encompasses a wide range of products and services aimed at ensuring the reliability, safety, and optimal functioning of electrical infrastructure.

• Published: May 2024

Circuit Monitoring Industry - Forthcoming Trends to Fuel the Global Growth

The global circuit monitoring market is projected to reach USD 829 million by 2028 from an estimated USD 659 million in 2023, at a CAGR of 4.7% during the forecast period. The circuit monitoring market serves various sectors including utilities, industrial manufacturing, commercial buildings, data centers, healthcare facilities, and more. Key drivers for the growth of this market include increasing demand for energy efficiency, the need for predictive maintenance to reduce downtime, regulatory compliance requirements, and the growing adoption of smart grid technologies.

• Published: May 2024

Sensing the Future: Automotive Sensors Market Size Forecast and Analysis

In the ever-evolving landscape of automotive technology, sensors play a pivotal role in enabling advanced safety features, enhancing vehicle performance, and facilitating the transition towards autonomous driving. As the automotive industry continues to embrace innovation, forecasting the size and analyzing the trends of the automotive sensors market becomes increasingly crucial. In this article, we delve into the forecast and analysis of the automotive sensors market size, providing insights into its future trajectory.

• Published: May 2024

Milking Robots Market Share: Harnessing Automation for Dairy Industry Advancement

The dairy industry is undergoing a significant transformation with the adoption of automation technologies, particularly milking robots. These automated systems offer dairy farmers increased efficiency, productivity, and flexibility in their operations. In this article, we explore how milking robots are driving changes in the dairy industry and reshaping market share dynamics.

• Published: May 2024

Hydrogen Fueling Station Market Size & Share - Future Growth Expectations

The global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. The market size and growth of hydrogen fueling stations depend on factors such as government policies, technological advancements, investment in infrastructure, consumer demand for clean transportation options, and the expansion of FCV fleets by automakers. As the demand for zero-emission vehicles increases and hydrogen fuel cell technology advances, the hydrogen fueling station market is expected to grow significantly in the coming years.

• Published: May 2024