Light Management System Market to Observe Huge Growth by 2023
The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management system market. The growing demand for building automation in North America and Europe make them...
Energy Efficient Motor Market to See Huge Growth in Near Future
The global energy
efficient motor market is projected to reach USD 41.6 billion by 2023 from
USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major
factors driving the growth of the energy-efficient motor market are energy
savings and the subsequent cost over traditional motors, increasing
governmental support worldwide towards the adoption of energy-efficient motors,
rising...
Stacker Crane Market: Outlook and Forecast
The Stacker Crane Market size is projected to reach USD 1,442 million by 2027 from an estimated USD 976 million in 2021, at a CAGR of 6.7% from 2021 to 2027.
The growth of this market is influenced by factors such The market is expected to witness growth due to increased demand for automated storage and retrieval systems (ASRS), the rising popularity of automated material handling equipment and...
Electric Motor Market will Escalate Rapidly in Near Future
The global Electric
Motor Market is expected to grow from an estimated USD 113.3 billion
in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast
period. Increased demand for HVAC systems in residential, commercial, and
industrial end-users in the Middle East and Asia Pacific regions along with
growing use of electric motors across major industries is the driving factor
for...
Mobility as a Service Market Projected to Reach $70.4 Billion by 2030, at a CAGR of 31.1%.
The report “Mobility as a Service Market by Service (Ride Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train), Solution, Application, Transportation, Vehicle Type, Operating System, Business Model and Region – Global Forecast to 2030″, The global mobility as a service market size is projected to reach USD 70.4 billion by 2030, from an estimated USD 4.7 billion in 2020, at...
Electric Motor Market Likely to Boost Future Growth by 2026
The global Electric
Motor Market is expected to grow from an estimated USD 113.3 billion in
2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast
period.Increased demand for HVAC systems in residential, commercial, and
industrial end-users in the Middle East and Asia Pacific regions along with
growing use of electric motors across major industries is the driving factor
for the growth...
Light Management System Market is Thriving with Rising Latest Trends by 2023
The global Light
Management System Market is expected to grow from an estimated $11.66
billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the
forecast period. The increasing adoption of energy-efficient lighting
automation systems is the major driver of the lighting management system
market. The growing demand for building automation in North America and Europe
make them potential...
Smart Buildings Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets
According to a market research
report “Smart Buildings Market by
Component (Solution (Safety and Security Management, Energy Management, Building
Infrastructure Management, Network Management, IWMS), Services), Building Type
(Residential, Commercial, Industrial), Region – Global Forecast to 2025″,
published by MarketsandMarkets™, the Smart Buildings Marketsize...
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...
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...