Advanced Energy Storage Systems Market to grow $19.04 Billion by 2022
The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0
billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4%
during 2017 to 2022. The growth of the advanced energy storage systems
market is attributed to increasing renewable energy investments and growth in
the electric vehicles market globally and regulatory changes demanding energy
efficiency.
The...
Electric Motor Market to be $169.1 Billion by 2026
According to the new market research report “Electric Motor Market by Type (AC,DC), Power Rating (<1KW,
1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential,
Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global
Forecast to 2026″,published
by MarketsandMarkets™,the Electric Motor Market is expected to grow from an
estimated USD...
Automotive Glazing Market – Insight and Trends
The Global Automotive Glazing Market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%.
The demand for automotive glazing is driven by the increasing production of passenger cars and SUVs. Passenger cars and SUVs will drive the demand for high potential applications such as sunroof and rear quarter glass.
Opportunity: Polycarbonate...
Brushless DC Motor Market anticipated to reach $15.2 Billion by 2025
The global Brushless
DC Motor Market size is expected to grow from an estimated USD 9.6 billion
in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast
period. The market is set to witness growth due to increasing industrial
applications of these motors and surging adoption of brushless DC motors in
HVAC, automotive, and consumer electronics applications.
The inner rotor segment...
Automotive Metal Forming Market – Trends & Scenario
The Automotive Metal Forming Market is estimated to grow at a CAGR of 3.2% from 2018 to 2025. It is projected to reach USD 202.2 billion by 2025 from USD 172.5 billion in 2020.
The rising global vehicle production and the growing commercial vehicle demand were expected to fuel the metal forming market for automotive. However, owing to the corona outbreak, 2020 will witness a decline in the production...
Autonomous Truck Market is Expecting Revolutionary Growth in Coming Years
The Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck technology is the evolution in the trucking and transportation industry, as it can save a considerable amount of money and solve problems like driver shortage and increasing road accidents. Also, after...
In-Vehicle Computer System Market Growing Immensely at a Global Level
The Global In-Vehicle Computer System Market is projected to reach USD 980 million by 2025 from USD 565 million in 2020, at a CAGR of 11.6%.
In-vehicle computer systems are designed to be used as network video recorder (NVR), in-vehicle gateways, and more, and offer high-performance computing and reliable communication for various automotive applications. These computers are ruggedized to withstand...
Automotive Headliner Market worth $20.4 billion by 2025
The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, during the forecast period. The increase in demand for advanced headliners in premium segment vehicles, rising demand for interior styling, perceived quality, and convenience features, and government regulation for lightweight and safety are driving...
How 5G and wireless technology would enable the automotive software market?
The global Automotive
Software Market size is projected to reach USD 37.0 billion by 2025 from USD 16.9 billion in 2020, at a CAGR of 16.9%. The growth of the market is driven by upcoming
safety regulations, increase in demand for vehicle management and fuel-efficient
vehicles.
Increasing focus on active safety systems and
car assessment programs would drive the demand for ECUs in modern vehicles.
Increasing...
Power Distribution Unit Market Expected to Reach $5.2 Billion by 2024
The
Power Distribution Unit Market is projected to reach USD 5.2 billion by 2024 from an
estimated USD 3.7 billion in 2019, at a CAGR of 7.1% during the forecast
period. The rising concerns overpower stability for uninterrupted business
operations; rising power distribution unit installations for reducing energy
losses, and the increasing number of data centers are driving the power
distribution unit...