According to a new report published by Allied Market Research, titled, “EV Test Equipment Market,” The ev test equipment market was valued at $40,722.00 thousand in 2021, and is estimated to reach $346,877.50 thousand by 2031, growing at a CAGR of 23.8% from 2022 to 2031. Electric vehicle (EV) test equipment includes test systems such …
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According to a new report published by Allied Market Research, titled, “Autonomous Navigation Market,” The autonomous navigation market was valued at $3.27 billion in 2021, and is estimated to reach $15.91 billion by 2031, growing at a CAGR of 17.1% from 2022 to 2031. The autonomous navigation system is an on board, integrated suite of …
According to a new report published by Allied Market Research, titled, “Automotive Relay Market,” The automotive relay market was valued at $15.58 billion in 2021, and is estimated to reach $26.88 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031. Asia-Pacific dominated the market, in terms of revenue, followed by Europe, …
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Alternative energy, also known as renewable energy or clean energy, refers to energy sources that are sustainable, have a minimal environmental impact, and are not based on depleting fossil fuel reserves. The alternative energy market was valued at $1.1 trillion in 2021, and is projected to reach $3.2 trillion by 2031, growing at a CAGR of …
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The global train battery market is presently dominated by Europe followed by Asia-Pacific, North America, and LAMEA. In Asia-Pacific, the market is mainly driven by China, owing to the optimistic market scenario for the railway sector in the region. In North America, the U.S. is projected to witness considerable growth in the train battery industry during the …
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According to a new report published by Allied Market Research, titled, “Space Propulsion System Market,” The space propulsion system market was valued at $8.9 billion in 2021, and is estimated to reach $32.8 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031. North America dominates the market, in terms of revenue, …
A Power Purchase Agreement (PPA) is a contract between two parties, typically a power producer and a power purchaser, outlining the terms and conditions for the sale and purchase of electricity. PPAs are commonly used in the energy industry to facilitate long-term agreements for the supply of electricity from renewable energy projects or other forms …
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The global roofing market size was valued at $102.4 billion in 2020 and is expected to reach $156.0 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030. Roofing products witnessed a higher demand owing to longer life span, easy installation, and availability of eco-friendly roofing materials. Moreover, technological advancements such as …
The robotic arm plays a vital role across various end-user industries for successful completion of desired tasks as compared to humans in daily activities. These, mechanical arms equipped with controllers, actuators, sensors, and end-effectors to name a few components that constitute the robotic arms. The robotic arm assists in tasks that require repetition, precision & …
Offshore mooring refers to the system and equipment used to secure floating structures, such as oil and gas platforms, floating wind turbines, floating liquefied natural gas (LNG) terminals, and other offshore structures, in place. These structures are deployed in open water where the water depth is too great for them to be fixed to the …
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