The global insulated tools market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. One of the core factors that is fueling the market is the growing applications of electricity, and batteries in products such as toys, vehicles, homes, commercial, and others which has increased the demand for insulated tools […]
Category Archives: Business
The global power tools market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. One of the core factors that is fueling the market is the rising demand from the construction industry owing to the development of advanced infrastructures which is propelling the sales of power tools. Power tools have […]
The global electronic warfare systems market is anticipated to grow at a significant CAGR during the forecast period (2023-2029). Electronic Warfare Systems report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures […]
switchgear market is expected to grow at a CAGR of 6.8% during the forecast period. The rising demand for energy owing to the rapid urbanization is a key factor driving the growth of the global switchgear market. In an electric power system, switchgear is composed of electrical disconnect switches, fuses or circuit breakers used to […]
DC switchgear market is anticipated to grow at a CAGR of 6.2% during the forecast period. The rising demand for DC switchgear in power distribution in the electric utility transmission and distribution systems is the major factor accelerating the growth of the market. Switchgear is commonly found throughout electric utility transmission and distribution systems as […]
Burner management system market is anticipated to grow at a CAGR of 5.7% during the forecast period. Burner management systems make companies safe, more efficient, and compliant. It is a hazard control system implemented by operators to ensure the safe start-up, operation, and shutdown of a process heater. Further, it also saves fuel costs, minimizes […]
5G chipset market is anticipated to grow at a CAGR of 25.1% during the forecast period. According to the GSM Association (GSMA), the deployment of 5G is expected to increase the global GDP by $13.2 trillion by 2035. These new entrants to the market are playing a significant role in this by continuously focusing on […]
Drone battery market is anticipated to grow at a CAGR of 20.1% during the forecast period. The growing establishment of start-ups across the globe is the major factor driving the growth of the market. Start-up companies are involving in development and launch of new product which will drive the drone battery market. For instance, in […]
Electric motor market is anticipated to grow at a CAGR of 6.5% during the forecast period. The rising environmental regulations and automobile CO2 emission regulations increase the demand for electric automotive motors and related products to control CO2 emissions across the globe. Furthermore, the key players are establishing new factories to expand the production of […]
Centrifugal chillers market is anticipated to grow at a moderate CAGR of 3.5% during the forecast period (2024-2031). The market growth is driven by the rising demand of chillers in the end-user industries, such as hospitals, hotels, manufacturing plants and more. The market growth in the industrial sector is attributed to the lower energy usage […]