Ground support equipment (GSE) market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2024-2031). The market growth is attributed to the increasing demand for ground support equipment to manage the loading, unloading, and servicing of airplanes efficiently, owing to the development in aviation traffic around the globe. The market […]
Category Archives: Business
Locomotive market is anticipated to grow at a CAGR of 8.2% during the forecast period (2024-2031). The market growth is driven by the rising demand for locomotives in developing regions due to growing investments in strengthening rail networks and infrastructure. Advancement in locomotive technology and the growing urbanization globally are other contributors to the global […]
Automotive testing, inspection, and certification (TIC) market is anticipated to grow at a CAGR of 4.6% during the forecast period (2024-2031). Automotive TIC comprises a three-stage process of testing, inspecting, and certifying automobiles as per regulatory requirements, safety protocols, and quality standards. The growth of the market is driven by the increasing number of automobiles […]
The global offshore crane market is growing significantly at a CAGR of around 8.0% during the forecast period. Offshore crane is a pedestal mounted elevating and rotating lifting device that is utilized to transfer materials from one vessel to another. Offshore crane is utilized in the production and drilling operation, heavy-lift and shipboard applications. The […]
The Asia-Pacific inverter generator market is anticipated to grow at the fastest CAGR of 6.2% during the forecast period. The Asia-Pacific inverter generator market is anticipated to grow because of frequent and prolonged power failures in the region and the ongoing infrastructure and construction activities. Frequent blackouts driven by severe natural calamities and weather-related mishaps […]
The European inverter generator market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. Increasing awareness on the importance of physical activities to maintain a healthy lifestyle is increasing people’s participation in camping and other recreational activities. As per the EU, in 2018, nature tourism and outdoor sports segments grew […]
The North America inverter generator market is estimated to grow at a significant CAGR of 4.0% during the forecast period. Several factors are currently driving the growth of the inverter generator market in North America. Inverter generators are economical and efficient substitutes for fuelbased generators. The installation and operation costs are low, making them an […]
The US inverter generator market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. The US is the largest revenue contributor to the global inverter generator market. The inverter generator market in the US is likely to experience substantial growth due to increasing extremity and occurrences of weather-related disasters across […]
The European neural implants market is anticipated to grow at a significant CAGR of 7.2% during the forecast period. Europe is the second-largest market for neural implants. Factors such as the rising awareness of ambulatory neural implant devices for neurological disorders coupled with improved healthcare infrastructure, various favorable guidelines, and availability of technologically advanced neural […]
Global foundry tools market is anticipated to grow at a considerable CAGR of 2.4% during the forecast period (2021-2027). The rapid urbanization across the globe has provoked the demand for infrastructure development across the globe. As per the UN, nearly 54.0% of the population lives in the urban area in 2014, which was estimated to […]