US nickel cadmium battery market is expected to project a CAGR of around -0.5% during the forecast period. The US is estimated to show a decline in the nickel cadmium market during the forecast period, owing to the ban on the use of nickel cadmium batteries and the availability of alternative solutions. However, the use […]
Category Archives: Business
The global renewable energy industry includes solar, wind, hydro, biofuels and others, that are less carbon-intensive and create a more sustainable renewable energy system. The factors that were fueling the growth of the renewable energy market before the COVID-19 pandemic include rising concern about the safety of the environment coupled with a growing energy crisis. […]
The global aluminum-based battery market is anticipated to grow at a CAGR of 2.7% during the forecast period. Aluminum-based battery such as aluminum-ion battery offers the advantage of a volumetric capacity that is four times higher compared to lithium. Additionally, aluminum is the most abundant metal on the earth. The companies are making efforts to […]
The global biopellet energy market is anticipated to grow at a significant CAGR during the forecast period. Biopellet or pellet fuels are biofuels made from biomass. Pellets are generally made from various biomass substances such as agricultural residues, energy crops, food waste and virgin lumber. Wood pallete considered as one of the best biopelletes and […]
The global floating solar panel market is anticipated to grow at a significant CAGR of 24.5% during the forecast period (2021-2027). One of the major drivers of the floating solar panel market is the growing awareness amongst people, and the government to increase the sources of renewable energy. Governments across the globe are being more […]
The global cooling tower market is anticipated to grow at a significant CAGR of 3.2% during the forecast period (2021-2027). One of the major drivers of the cooling tower market is the surge in the application of cooling towers. Many industries have started to introduce cooling towers in their infrastructure which has supplemented the growth […]
Automotive spark plug market is anticipated to grow at a CAGR of 4.3% during the forecast period (2023-2030). A spark plug is an important element in an internal combustion (IC) engine, which ignites the fuel and air mixture by providing a spark. Globally, growing production in commercial and passenger vehicle production is a key driver […]
Reed switches/sensors market is anticipated to grow at a CAGR of 9.5% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for automation across the globe. The development in automation across sectors has raised increasing demand for sensors that provide reliable responses in a variety of applications. For instance, in […]
X-by-wire Systems market is anticipated to grow at a CAGR of 8.8% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for medium-duty electric vehicle applications across the globe. The spicer electrified zero-6 e-transmissions for medium-duty electric vehicles are designed for a specific market sector. This specialization indicates the industry’s […]
Automotive metal stamping market is anticipated to grow at a CAGR of 4.9% during the forecast period (2023-2030). The market’s growth is attributed to material development across the globe. Lightweight materials and new material applications have been developed through research and development. These include the production of functional materials such as mild steel materials, vibration […]