The global MNS market size is projected to grow from USD 8.0 billion in 2020 to USD 27.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period. MNS solutions offer the ability to designate different groups so companies can reach the right people with the right message quickly. Organizations can create...
The Global Automotive Piston Pin Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include growing urbanization and industrialization, customization of the piston pins for improved performance,...
The predominant driver of change in the automotive powertrain industry, and the need of the hour, is emissions reduction.Despite the social interest in powertrain electrification, the internal combustion engine (ICE) will remain the leading powertrain for at least 2 decades. Nonetheless, this primary propulsion unit offers scope for...
The Global Handheld Backscatter X-ray Devices Market was valued at USD 5.3 million in 2019, and it is expected to reach USD 64.6 million by 2025, registering a CAGR of 6.2%, from 2020 to 2025. Handheld Backscatter X-ray is an advanced X-ray imaging technology. The trend of miniaturization of devices and ease to use has led to the development...
The global workplace safety market size is expected to grow from an estimated value of USD 12.1 billion in 2020 to USD 19.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.4% from 2020 to 2025. The workplace safety market is driven by various factors, such as increasing need for stricter safety regulations and substantial shift...
The indoor farming technology market is estimated at USD 14.5 billion in 2020 and is projected to grow at a CAGR of 9.4%, to reach USD 24.8 billion by 2026. Indoor farming is followed to bolster local food supplies and provide nutritious, fresh produce to consumers. This method of farming controls plant-fertilizing nutrients, so the food that...
The urban air mobility market is projected to grow from USD 2.6 billion in 2020 to USD 9.1 billion by 2030, at a CAGR of 13.5% from 2020 to 2030. The increasing demand for enhanced efficiency, human safety, and investment activities are expected to drive the market. However, the limited reliability of eVTOLs during transportation and the inability...
The semiconductor silicon wafer market was valued at USD 9.85 billion in 2019 and is expected to reach USD 13.64 billion by 2025, with a CAGR of 6.18% during the forecast period from 2020 to 2025. With semiconductors emerging as the building blocks of all modern technology, the innovations and advancements in this field are directly impacting...
The ultrasonic sensors market was valued at USD 1040.12 million in 2020 and is expected to reach a value of USD 2383.19 million by 2026, at a CAGR of 15.68%, during the forecast period (2020-2025). The ultrasonic sensor is an emerging technology with significant growth potential. Ultrasonic sensors rely on non-intrusive detection of target...
China’s demand for Automotive Components has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...