Marine Lubricants Companies – Global market leaders
In terms of value, the marine lubricants market is estimated to grow from USD 6.3 billion in 2022 to USD 6.9 billion by 2028, at a CAGR of 1.5%. The main drivers which are driving the marine lubricants market are infrastructure enlargements boosting the shipping industry, enlargement in oceanic tourism, and promising emission reduction technologies.
The marine lubricants companies profiled...
Why the Construction Equipment Market Will Top $194.7 Billion by 2030
The construction equipment industry plays a crucial role in shaping infrastructure development and driving economic growth worldwide. This sector encompasses a wide range of machinery and tools used in various construction activities, including excavation, grading, lifting, and material handling. Key segments within the industry include earthmoving equipment (such as excavators and bulldozers), construction...
EV Charging Station Market Trends: Fast-Charging, Smart Grids, and Sustainability
The EV Charging Station Market is experiencing rapid transformation, driven by advancements in technology and growing consumer demand for electric vehicles (EVs). One of the most notable trends is the development of ultra-fast charging technology. These high-powered chargers significantly reduce charging times, making EVs more convenient for long-distance travel. As the infrastructure for ultra-fast...
Automotive Lighting Market Size, Share, Trends | Report [2030]
The Automotive Lighting Market Size is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period.
Automotive manufacturers are highly focused on developing new and innovative lighting to increase the driver’s and other road users’ aesthetic appeal and safety. Automotive lighting is an integral part of...
Electric Construction Equipment Market Size, Industry Share | Forecast [2030]
The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030
The market is driven by factors such as – increasing demand to minimize exhaust emissions, operational benefits such as decreased ventilation costs in underground mining & lower operating costs of electric equipment, and...
Power Factor Correction Market Size to Grow $3.3 billion by 2030 at a CAGR of 5.5%
The global Power Factor Correction Market is projected to reach USD 3.3 billion by 2030 from an estimated USD 2.4 billion in 2024, at a CAGR of 5.5% during the forecast period.
The demand for power factor is on the rise due to various factors such as the globally increasing level of energy consumption, fostered by the rapid process of industrialization as well as urbanization, is additionally pressuring...
Global Field Service Management Market to Grow 12.8% Annually, Hitting $7.3B by 2028
According to a recent report by MarketsandMarkets, the Field Service Management (FSM) Market is expected to grow from USD 4.0 billion in 2023 to USD 7.3 billion by 2028, representing a robust Compound Annual Growth Rate (CAGR) of 12.8%. This growth is driven by the expanding manufacturing and services industries, as companies increasingly adopt FSM solutions to streamline their operations...
Bakery Premixes Market Size, Share, Trends, Opportunities, and Forecast
The bakery premixes industry was valued at $384 million in 2022 and is expected to grow from $406 million in 2023 to $544 million by 2028, reflecting a CAGR of 6.0% over the forecast period (2023-2028). This growth is driven by the increasing trend of incorporating functional ingredients to boost nutritional value. As consumers become more health-conscious, there is a rising demand for premixes that...
Air Brake System Market Trends: Growth to $3.4 Billion by 2028
The Air Brake System Market is experiencing significant growth, projected to reach $3.4 billion by 2028, driven by several key trends. Increasing demand for commercial vehicles, particularly in emerging economies, is fueling the adoption of advanced air brake systems. Technological innovations, such as electronic braking systems (EBS) and automatic emergency braking (AEB), are enhancing safety and...
Automotive Ethernet Market Size, Share, Trends & Forecast | [2028]
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%. The increasing demand for faster in-vehicle networking is expected to increase the demand for automotive ethernet. Additionally, continuous innovation in connected car features will boost the demand for automotive ethernet.
Network segment is expected to have...