The global renewable drone market is anticipated to grow at a significant CAGR of 26.1% during the forecast period. The growing inclination of the public and private sectors towards the development of renewable sources of energy such as wind and solar farms is a key factor driving the growth of the global renewable drones market. For instance, […]
Category Archives: Technology
The global waste sorting robots market is anticipated to grow at a CAGR of 19.6% during the forecast period. Technological advancements and new product launches by key vendors such as ZenRobotics, General Kinematics Corp., and Greyparrot AI Ltd. fueled the growth of the global waste sorting robot market. For instance, in April 2021, FANUC is breaking into […]
The global vehicle inertial sensor market is expected to grow at a significant CAGR during the forecast period. Inertial measurement units (IMUs) are used with high-performance sensors (gyroscopes, magnetometers, and accelerometers) in inertial systems to offer high-accuracy information on the surrounding environment through relative movement. The strong combination of inertial measurement units (IMUs) and other […]
The global utility vehicle market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period (2022-2028). One of the core factors driving the market is the growing participation of the market players which has increased the competition in the market. In recent years, market players have been launching their new vehicles in the […]
Direct drive wind turbine market is anticipated to grow at a CAGR of 15.1% during the forecast period. The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive of wind turbine market growth in the forthcoming years. Rapid industrialization, favourable regulations on energy efficiency, and […]
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period (2022-2028). The significant rise in funding for the expansion of virtual event platforms by major players is the key factor driving the market growth. Major virtual event platforms such as Hopin, TouchCast, Samaaro, Hubilo, Virtual experience company, […]
The global transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Growing integration of technologies such as artificial intelligence (AI), internet of things (IoT), and 5G are drastically transforming the public transportation, in terms of efficiency, flexibility, and cost-effectiveness. The growing implementation of automation, IoT, digital tools for […]
The global multi-factor authentication market is anticipated to grow at a considerable CAGR of 17.2% during the forecast period (2022-2028). The multi-factor authentication market is relatively concentrated as the market includes global and local players, where the product penetration with innovation is expanded. Software firms are also looking in this market, which increases the competition […]
The global UHT processing market is anticipated to grow at a CAGR of 12.9% during the forecast period. UHT processing is commonly used in the dairy industry across the globe and is utilized in several product categories such as milk and others .The increasing demand for dairy products is expected to drive the growth of the UHT […]