Category Archives: Business

Switchgear Market 2024 Driving Factors Forecast Research 2030

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 Booming Worldwide with Latest Trend and Future Scope by 2030

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 2024 Driving Factors Forecast Research 2030

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 2024 Driving Factors Forecast Research 2030

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 2024 Driving Factors Forecast Research 2030

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 Vehicle Motor Market 2024 Driving Factors Forecast Research 2030

The global electric vehicle motor market is anticipated to grow at a CAGR of more than 18% during the forecast period, 2019-2025. Electric Vehicle Motor Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business […]

Chip-on-board (CoB) Light Emitting Diode (LED) Market 2024 Driving Factors Forecast Research 2030

CoB LED market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for energy-efficient lighting solutions and advancements in lighting technology. Further, the automotive sector’s adoption of CoB LEDs for various applications is expected to fuel […]

8K Display Resolution Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

8K display resolution market is anticipated to grow at a significant CAGR of 35.0% during the forecast period. The growth of the market is attributed to factors such as increasing demand for high-resolution displays in various applications, advancements in display technologies, and the growing popularity of large-sized displays for enhanced visual experiences. Further, the rising […]

Metallized Flexible Packaging Market to Witness Robust Expansion by 2031

The global metallized flexible packaging market is expected to grow at a CAGR of 4.5% during the forecast period.  The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including geographical expansion, partnerships, mergers and acquisitions, collaborations, and new product launches, to remain competitive in the marketplace, which is anticipated […]

Flat Panel Display Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Flat panel display market is anticipated to grow at a considerable 5.9% during the forecast period. A flat panel display is an electronic device used to project information such as words, videos, photos, and other visual content. Compared to a standard cathode ray tube television, it is much lighter and thinner. Panel displays are used […]