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Switch Gear Market to be dominated by Low-Voltage Segment at a CAGR of 5.2 percent- Says Maximize Market Research

Retrieved on: 
Friday, July 19, 2024

With over 40% of the global switchgear demand, Asia Pacific is the largest market in the switchgear industry.

Key Points: 
  • With over 40% of the global switchgear demand, Asia Pacific is the largest market in the switchgear industry.
  • The country reported a 5% annual increase in switchgear exports, highlighting its role as a key player in the global market.
  • The Indian government allocated over $44 billion to modernize its power grid, significantly boosting the local switchgear market.
  • The sales of GIS are also supported by regulatory developments that promote reducing the environmental footprints of urban infrastructure.

Switch Gear Market to be dominated by Low-Voltage Segment at a CAGR of 5.2 percent- Says Maximize Market Research

Retrieved on: 
Friday, July 19, 2024

With over 40% of the global switchgear demand, Asia Pacific is the largest market in the switchgear industry.

Key Points: 
  • With over 40% of the global switchgear demand, Asia Pacific is the largest market in the switchgear industry.
  • The country reported a 5% annual increase in switchgear exports, highlighting its role as a key player in the global market.
  • The Indian government allocated over $44 billion to modernize its power grid, significantly boosting the local switchgear market.
  • The sales of GIS are also supported by regulatory developments that promote reducing the environmental footprints of urban infrastructure.

Electric Vehicle Charging Infrastructure Market Set to Reach USD 18.1 Billion by 2034, Reveals Transparency Market Research Inc.

Retrieved on: 
Thursday, July 18, 2024

WILMINGTON, Del., July 18, 2024 /PRNewswire/ -- The global materials for electric vehicle charging infrastructure industry were valued at US$ 661.8 million in 2023. Between 2024 and 2034, US$ 18.1 billion is expected to be generated, growing at a CAGR of 32.7%.

Key Points: 
  • Rising EV sales are likely to create a market for charging stations, leading to increased demand for materials for electric vehicle charging infrastructure.
  • In terms of charging stations, the battery swapping stations segment will create a market for materials for electric vehicle charging infrastructure.
  • Electric vehicle sales in Asia Pacific are expected to fuel demand for materials for electric vehicle charging infrastructure market.
  • Global Materials for Electric Vehicle Charging Infrastructure Market: Growth Drivers
    A charging station's ability to convert and distribute power effectively depends on power electronics and cutting-edge semiconductor components.

Electric Vehicle Charging Infrastructure Market Set to Reach USD 18.1 Billion by 2034, Reveals Transparency Market Research Inc.

Retrieved on: 
Thursday, July 18, 2024

WILMINGTON, Del., July 18, 2024 /PRNewswire/ -- The global materials for electric vehicle charging infrastructure industry were valued at US$ 661.8 million in 2023. Between 2024 and 2034, US$ 18.1 billion is expected to be generated, growing at a CAGR of 32.7%.

Key Points: 
  • Rising EV sales are likely to create a market for charging stations, leading to increased demand for materials for electric vehicle charging infrastructure.
  • In terms of charging stations, the battery swapping stations segment will create a market for materials for electric vehicle charging infrastructure.
  • Electric vehicle sales in Asia Pacific are expected to fuel demand for materials for electric vehicle charging infrastructure market.
  • Global Materials for Electric Vehicle Charging Infrastructure Market: Growth Drivers
    A charging station's ability to convert and distribute power effectively depends on power electronics and cutting-edge semiconductor components.

Graphene Market to create lucrative opportunities in Electronics Applications and expected to reach USD 1576.46 Mn by 2030- Says Stellar Market Research

Retrieved on: 
Wednesday, July 17, 2024

There are also new players like ACS Material and Graphene Laboratories, Inc. that produce graphene and graphene-related products.

Key Points: 
  • There are also new players like ACS Material and Graphene Laboratories, Inc. that produce graphene and graphene-related products.
  • These companies offer their products to a wide range of industries including transportation, energy storage, and electronics.
  • China's graphene market is the leader in the region thanks to its favorable political environment and crucial emphasis on high-tech companies.
  • Based on the Product, the Graphene market is segmented into Graphene Nanoplatelets, Graphene oxide, reduced graphene oxide, monolayer graphene, bulk graphene, and others.

Graphene Market to create lucrative opportunities in Electronics Applications and expected to reach USD 1576.46 Mn by 2030- Says Stellar Market Research

Retrieved on: 
Wednesday, July 17, 2024

There are also new players like ACS Material and Graphene Laboratories, Inc. that produce graphene and graphene-related products.

Key Points: 
  • There are also new players like ACS Material and Graphene Laboratories, Inc. that produce graphene and graphene-related products.
  • These companies offer their products to a wide range of industries including transportation, energy storage, and electronics.
  • China's graphene market is the leader in the region thanks to its favorable political environment and crucial emphasis on high-tech companies.
  • Based on the Product, the Graphene market is segmented into Graphene Nanoplatelets, Graphene oxide, reduced graphene oxide, monolayer graphene, bulk graphene, and others.

Building Information Modeling (BIM) Software Market size is set to grow by USD 9.68 billion from 2024-2028, Increasing need for management of large-scale projects to boost the market growth, Technavio

Retrieved on: 
Friday, July 5, 2024

The construction industry has seen a shift towards more advanced building information modeling (BIM) solutions to enhance project efficiency and accuracy.

Key Points: 
  • The construction industry has seen a shift towards more advanced building information modeling (BIM) solutions to enhance project efficiency and accuracy.
  • The development of 5D BIM solutions is expected to significantly contribute to the growth of the global BIM software market during the forecast period.
  • The BIM software market is thriving as construction companies embrace digital technology for more efficient operations.
  • The Building Information Modeling (BIM) market is growing rapidly, driven by the need for efficient construction operations and digital transformation in the industry.

Ready to Cook Market Size in India is set to grow by USD 582.2 million from 2024-2028, Growing preference for convenience food products in working population to boost the market growth, Technavio

Retrieved on: 
Thursday, July 4, 2024

Ltd., McCain Foods Ltd., Nestle SA, Orkla ASA, Regal Kitchen Foods Ltd., Tata Consumer Products Ltd., and Universal Corp. Ltd.

Key Points: 
  • Ltd., McCain Foods Ltd., Nestle SA, Orkla ASA, Regal Kitchen Foods Ltd., Tata Consumer Products Ltd., and Universal Corp. Ltd.
  • Vendors in India's ready to cook market have boosted their marketing efforts through innovative strategies and advertisements to enhance product visibility.
  • The Ready To Cook (RTC) food market in India is witnessing significant growth, according to TechSci Research.
  • The Ready To Cook (RTC) market in India is witnessing significant growth, driven by the winning imperatives of convenience, healthy focus, and ethnic diversity.

Spill Containment Decks Market size is set to grow by USD 63.9 million from 2024-2028, Growth of global warehousing and storage market to boost the market growth, Technavio

Retrieved on: 
Thursday, July 4, 2024

Product (Plastic spill containment decks and Steel spill containment decks) and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Key Points: 
  • Product (Plastic spill containment decks and Steel spill containment decks) and Geography (North America, APAC, Europe, South America, and Middle East and Africa)
    Atlantic Maritime Services Pvt.
  • To cater to these diverse requirements, vendors provide customized spill containment decks with varying sizes and shapes.
  • The availability of customized spill containment decks addresses the specific needs of end-users, boosting sales for vendors.
  • Funds are being allocated for the manufacture and delivery of technologically advanced spill containment systems, such as secondary containment decks.

Lithium-Sulfur Battery Market size is set to grow by USD 3.92 billion from 2024-2028, Harmful usage of lead batteries leads to higher adoption of Li-S batteries boost the market, Technavio

Retrieved on: 
Thursday, July 4, 2024

These nanotechnology-enabled batteries are expected to offer energy densities three times higher than traditional Lithium-ion batteries.

Key Points: 
  • These nanotechnology-enabled batteries are expected to offer energy densities three times higher than traditional Lithium-ion batteries.
  • Ongoing projects, such as the Lithium-Sulfur Super battery Exploiting Nanotechnology (LISSEN) study, are further driving market growth during the forecast period.
  • Lithium-sulfur batteries are gaining attention as the next big thing in clean energy solutions due to their energy-dense characteristics.
  • Hydrogen, as a fuel for fuel cells, offers a higher energy density and longer runtime compared to Lithium-Sulfur batteries.