The Factory Automation and Industrial Controls market was valued at USD 202.19 billion in 2020 and expected to reach USD 337.02 billion by 2027 and grow at a CAGR of 9% over the forecast period (2021 – 2027). Industrial automation uses information technology and control systems such as computers or robots to process a variety […]
Category Archives: Business
Global Light Vehicle Seating market size is projected to reach USD 87650 million by 2027, from USD 71310 million in 2020, at a CAGR of 3% During 2021-2027. Light vehicle refers to a commercial transport vehicle weighing less than 3.5 tons. Safety features and increased comfort are the main factors driving the growing demand in […]
The Automotive Selector Lever size was xx million US$ and it is expected to reach xx million US$ by 2027, with a CAGR of xx% during 2021-2027. The car selector lever is used to shift gears in the vehicle. Usually the car selector level is mounted between the driver’s seat and the passenger’s seat. OEM’s […]
The global vehicle-to-vehicle (V2V) communication market is projected to advance with a CAGR of 16% during the forecast period (2021–2027). The market is further estimated to generate a revenue of $77.1 billion, in 2027. Vehicle-to-vehicle (V2V) communication allows cars to communicate with each other and also with infrastructure such as traffic lights. This technology can […]
Automotive Multi-Wheel Drive Systems estimated at 17.5 Million Units in the year 2020, is projected to reach a revised size of 27.3 Million Units by 2027, growing at a CAGR of 6% over the analysis period 2021-2027. The multi-wheel drive system consists of a 2×2, 4×4, 6×6 or 8×8 drivetrain system with a differential between […]
Solar-powered drones, also termed as solar-powered unmanned aerial vehicles (UAVs), are airborne vehicles that utilize solar energy for propulsion. These vehicles are piloted by operators by using remote control or autonomously by onboard computers. (Get 15% Discount on Buying this Report) A full report of Global Solar Powered Drones Market https://www.orionmarketreports.com/solar-powered-drones-market/23768/ The Solar Powered […]
As people purchased Hyundai’s luxury cars, the company’s first-quarter profit nearly tripled to its highest level in four years, but it warned that due to a chip shortage, production will have to be adjusted again in May. Due to a healthy chip inventory, the South Korean automaker avoided production halts in the first quarter, unlike […]
Credit Suisse is expected to record a substantial loss on Thursday, as it navigates the fallout from two high-profile crises, despite its Wall Street rivals’ booming profit beats. The Swiss lender revealed earlier this month that the collapse of the US family hedge fund Archegos Capital cost it $4.7 billion, and that it now expects […]
In July of this year, Ola Electric plans to launch its electric scooter in the Indian market, and is also developing a ‘Hypercharge Network’, that will include one lakh charging stations throughout 400 towns. The company is yet to disclose the details like pricing of the e-scooter. For Ola scooters to be affordable to buyers […]
The Insurance Regulatory and Development Authority (IRDA) is an independent regulatory body, which protects the policyholder’s interests. They supervise the growth and speed of the insurance sector in India. They supervise the growth and speed of the insurance sector in India. In 1999, the IRDA was established in accordance with the IRDA Act, and was […]