The global solid state relay market size is projected to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 6.6% from 2020 to 2025. The growth of the Solid state relay market is majorly driven by growing adoption of high-tech electronics and automation in consumer electronics industry, increasing...
The acrylic processing aid market size is estimated to be USD 606 million in 2020 and is projected to reach USD 842 million by 2025, at a CAGR of 6.8% between 2020 and 2025. Factors such as replacement of conventional material with PVC and rising demand for acrylic processing aid from Asia-Pacific will drive the acrylic processing aid market....
The market for smart coatings is expected to grow at a CAGR of more than 5.8% during the forecast period. The major factors driving the market studied is increasing construction activities. - On the flip side, the high cost of smart coatings is likely to hinder the market. - Asia-Pacific dominated the market across the globe with...
This study focuses on China’s Car Electronics market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
The global smart display market size was valued at USD 1.1 billion in 2020 and is projected to reach USD 6.1 billion by 2025. It is expected to grow at a CAGR of 41.0% during the forecast period. High demand for smart mirrors from the automotive industry, new and innovative features offered by smart mirrors, increasing number of internet users...
The global industrial lubricants market is expected to grow at a CAGR of around 2% during the forecast period. - The major factors driving the market studied include increasing usage of high-performance lubricants, demand from the growing wind energy sector, and expansion of the global cold chain market. - Increasing drain intervals...
The Automotive Automated Parking System market is anticipated to register a CAGR of 16.96 %, during the forecast period (2020 – 2025). - The influx of technology in vehicles has increased significantly over the last two decades, and companies are working on making vehicles and parking spaces more customer-centric. - The growing demand...
The global spa market grew at a CAGR of around 7% during 2014-2019. Spa refers to a commercial establishment that provides health management and body relaxation services. The services offered include a wide range of therapeutic treatments, such as massages, body scrubs, steam baths, facials, sauna baths, manicures and...
The global high range obstacle detection system market was valued at US$ 10,159.4million in 2019 and is projected to reach US$ 18,760.5million by 2027; it is expected to grow at a CAGR of 8.1% during 2020-2027. Lidar is one of the fastest-growing technologies, and it is driving the demand for high range obstacle detection systems across...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Power Cutter Market Report The global power cutter market by revenue is expected to grow at a CAGR of over 5% during the period 2019–2025. The global power cutter market is expected to witness steady growth during the forecast period....