The insect protein market is estimated to be valued at USD 144 million in 2019 and is projected to reach USD 1,336 million by 2025, recording a CAGR of 45.0% during the forecast period. Factors such as the increasing need for protein as nutrition and …
The automotive acoustic materials market is projected to grow at a CAGR of 4.79% from USD 2.4 billion in 2019 to USD 3.5 billion by 2027. The increasing requirement for acoustic efficiency in automobiles for enhanced cabin comfort is the major factor which will drive …
The Automotive Seats Market is projected to grow at a CAGR of 2.51%, during the forecast period from 2018 to 2025, to reach a market size of USD 73.03 billion by 2025 from USD 61.41 billion in 2018. Increasing SUV/MPV demand, growing premium vehicle sales, …
The global micro turbines market is expected to grow at a CAGR of 9.46%, from 2017 to 2022, to reach a market size of USD 251.0 million by 2022. Increasing demand for electric power worldwide, subsequent investments in new power generating capacity, and growing adoption …
The Automotive Safety System Market is estimated to be USD 82.80 billion in 2017 and is projected to reach USD 169.46 billion by 2025. The market, in terms of value, is estimated to grow at a CAGR of 9.36% from 2017 to 2025. The government …
The Farm Equipment Market is estimated to grow at a CAGR of 4.04% during the forecast period, to reach a market size of USD 132.5 billion by 2025. Factors such as an increased global population, growing demand for operational efficiency, and rising mechanization have resulted …
The Robo-Taxi Market is projected to grow from 2,024 units in 2020 to reach 3,830,912 units by 2030, at a CAGR of 112.67%. Automotive companies are investing huge amounts in research and testing of self-driving technology. The emerging trend of robo-taxis, shuttles, and vans are …
The Global Connected Car Market is projected to reach USD 219.21 billion by 2025, at a CAGR of 14.8%. The connected car offers a wide range of services, such as navigation, cybersecurity, remote diagnostics, emergency calling, multimedia streaming, Over-the-Air (OTA) updates, remote operation, collision warning, …
The global turboexpander market is expected to reach USD 390.8 million by 2023 from ~USD 290.6 million in 2018 (by value), growing at a CAGR of 6.61%. By volume, the global turboexpander market is expected to grow at a CAGR of 2.61% from 2018 to …
The distribution automation market is estimated to grow at a CAGR of 7.29% from 2018 to 2023, to reach a projected market size of USD 16.81 billion by 2023. Distribution automation is a solution, which includes monitoring, protecting, controlling, and maintaining the distribution network. Distribution …
The perforating gun market is expected to grow at a CAGR of 3.71%, from 2017 to 2022, to reach a market size of USD 898.7 million by 2022. Rising oil and gas production, increase in the average well depth over the years, growing complexity of …
The smart transformers market is expected to grow at a CAGR of 10.54%, from 2017 to 2022, to reach a market size of USD 2.43 billion by 2022. The major drivers of the smart transformers market include aging infrastructure, increasing emphasis on alternative energy production …
The Global Semi-Trailer Market is projected to reach USD 37.34 billion by 2025, growing at a CAGR of 4.98% from 2017 to 2025. On a global level, the demand for semi-trailers is expected to grow significantly due to the positive economic outlook and expanding supply …
Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the automotive industry. These trends would also create revenue generation opportunities for automotive engineering service providers. The …