Global Energy Perspective 2024: High Voltage Power Transformer Outlook
The global High Voltage Power Transformer Market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $12.3 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029 according to a new report by MarketsandMarkets™.
This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity....
$2.8 billion: The estimated value of the Patient Registry Software Market by 2026
The Patient Registry Software Market Share is increasing due to a shift towards computerized registries that enable automated data storage and patient list management for planning, quality improvement, and direct care delivery. Additionally, the rise of accountable care organizations, the widespread adoption of the subscription model, and the growth of cloud-based solutions are likely to contribute...
Exhaust Systems Unveiled: Trends Shaping the Automotive Industry
The global exhaust system industry is projected to grow from USD 36.9 billion in 2021 to USD 47.9 billion by 2026, at a CAGR of 5.3% during the forecast period. Growing vehicle emission is leading to stringent emission and fuel economy regulations and growing penetration of after treatment devices in combinations are the major factors driving the growth of the exhaust system market.
Passenger cars,...
Automotive Lighting Market Size, Share, Revenue, Trends and Drivers 2030
The Automotive Lighting Market 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 every...
With 16.9% CAGR, Smart Grid Market Growth to Surpass $161.5 Billion
The global Smart Grid Market in terms of revenue was estimated to be worth $73.8 billion in 2024 and is poised to reach $161.1 billion by 2029, growing at a CAGR of 16.9% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The global demand for smart grid is increasing due to strong focus on modernization of aging grid infrastructure. Factors such as rapid industrialization,...
5G Services Market Key Growth Drivers, Challenges, Leading Key Players Review, Upcoming Trend To 2028
5G Services Market Poised for Explosive Growth: A Deep Dive
A recent report by MarketsandMarkets paints a bright picture for the 5G Services market, predicting a jump from USD 98.3 billion in 2023 to a staggering USD 427.7 billion by 2028, with a CAGR of 34.2%. This surge is fueled by several key factors:
Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226908556
Network...
Autonomous Driving Software Market worth $7.0 billion in 2035
The global autonomous driving software market is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%.
As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to rise due to increasing investment in ADAS/AD technologies by OEMs and technology providers. The demand for L2+ vehicles is also growing....
UHMW PE Market Expected to Reach $3.4 Billion by 2029
The UHMW PE market size is projected to grow from USD 2.2 billion in 2024 to USD 3.4 billion by 2029, registering a CAGR of 9.5% during the forecast period. The demand for UHMW PE is driven by factors such as advancements in medical technologies and increased aircraft production. High impact strength, self lubrication and chemical resistance are some properties of UHMW PE which makes it...