Growth in unconventional resources, mainly shale gas and oil reserves along with large investments in exploration and production activities are driving the market for downhole tools. Predominance of downhole apparatuses over the conventional drilling devices lies in the ability of improving the efficiency of production from oil wells. Increasing use of downhole tools in bottom …
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Allied Market Research published a report, titled, “Electric Vehicle Charging System Market by Product Type (Home Charging Systems and Commercial Charging Systems), Mode of Charging (Plug-In Charging System and Wireless Charging System), and Charging Voltage Level (Level 1, Level 2, and Level 3): Global Opportunity Analysis and Industry Forecast, 2019-2026.” The report provides a detailed …
As per the report published by Allied Market Research, the global three-wheeler market was accounted for $8.42 billion in 2020, and is projected to reach $15.54 billion in 2028, growing at a CAGR of 10.3% from 2021 to 2028. Rise in trend of last-mile connectivity, increase in demand for affordable commercial vehicle, inclination toward use …
According to a recent report published by Allied Market Research, titled, “Electric Kick Scooter Market by Battery Type and Voltage: Global Opportunity Analysis and Industry Forecast, 2021–2028,” the global electric kick scooter market was valued at $2.10 billion in 2020, and is projected to reach $4.52 billion by 2028, registering a CAGR of 12.2% from …
The global current transformer market is expected to exhibit significant growth during the forecast period. This is attributed to increase in number of installations of current transformers and replacement of old transformers with new ones due to the rise in demand for power on a global level. In addition, the market is experiencing surge in …
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global home warranty services market was valued at $7.3 billion in 2020, and is expected to reach $13.6 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030. Home warranty is a service offered by developers that cover the cost of structural defects in homes caused due to natural calamities or poor construction …
Increase in demand for solar energy coupled with rise in smart grid establishment and revamping is one of the major factors that fuels the growth of the global relays market. There is a massive scope of relays in an automated power grid that can help control all communication and distribution between the consumer and the …
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According to the report, the global hyper-converged infrastructure market garnered $3.84 billion in 2018, and is estimated to reach $33.16 billion by 2026, registering a CAGR of 30.7% from 2019 to 2026. Rise in requirement for disaster recovery and data protection along with lowered Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) drive the global hyper-converged infrastructure market. However, vendor lock-ins are …
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Shea Butter Market by Type (Raw & Unrefined and Refined & Ultra-Refined) and Application (Food and Cosmetics): Global Opportunity Analysis and Industry Forecast, 2021–2030.”. According to the report, the global shea butter industry generated $655.2 million in 2020, and is anticipated to generate $2.4 billion by 2030, witnessing a CAGR of 14.1% from 2021 to …
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Nisin Market generated $317.9 million in 2020, and is estimated to generate $638.1 million by 2030, registering a CAGR of 7.3% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, key segments, value chain, top investment pockets, regional scenario, and competitive landscape. People’s changing lifestyle, varied consumer trends towards ready-to-use …
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