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Showing posts from May, 2024

Drive By Wire Market Market Size, Trends, Demand Factors Report 2033

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  Overview and Scope Drive-by-wire refers to a range of electrical methods that supplement or replace traditional mechanical controls. Drive-by-wire technology uses electronic devices to activate brakes, control steering, and fuel the engine rather than cables or hydraulic pressure to operate a vehicle. Sizing and Forecast The drive by wire market size has grown strongly in recent years. It will grow from $24.07 billion in 2023 to $25.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%.  The  growth in the historic period can be attributed to demand for improved vehicle performance, safety and driver assistance systems, regulatory requirements and standards, reduction in mechanical complexity, fuel efficiency and emission reduction.. The drive by wire market size is expected to see strong growth in the next few years. It will grow to $31.74 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.  The growth in the forecast period can be attrib...

Digital Shipyard Market Industry Outlook, Opportunities in Market And Expansion By 2033

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  Overview and Scope A digital shipyard refers to the use of advanced digital technologies such as artificial intelligence, automation, and big data analytics in the design, construction, and maintenance of ships. Digital Shipyard helps to the design phase of a project for ocean-going ships and submarines as physical design models and mock-ups are costly and time-consuming. Sizing and Forecast The digital shipyard market size has grown exponentially in recent years. It will grow from $1.21 billion in 2023 to $1.45 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%.  The  growth in the historic period can be attributed to efficiency and cost optimization in shipbuilding, globalization of shipbuilding industry, regulatory compliance and documentation management, rising complexity in ship design and construction, demand for real-time data and information.. The digital shipyard market size is expected to see rapid growth in the next few years. It will grow to $2...

Data Center UPS Market 2024 | Business Growth, Industry Trends, Size, Key Drivers, Top Players And Forecast To 2033

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  Overview and Scope Datacenter UPS refers to a one-piece equipment system for battery backup to ensure a continuous supply of power for the safety of data and sensitive information in the event of utility power failure or voltage fluctuation, used in conjunction with a facility generator. Sizing and Forecast The data center ups market size has grown strongly in recent years. It will grow from $5.1 billion in 2023 to $5.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%.  The  growth in the historic period can be attributed to rising awareness of downtime costs, growing data center construction, growth of edge computing, increasing sensitivity to power quality, global expansion of it infrastructure. The data center ups market size is expected to see strong growth in the next few years. It will grow to $7.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.  The growth in the forecast period can be attributed to continued growth in data ...

UV Curable Inks Market Trends, Scope, Share, Growth, Size 2024-2033

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Overview and Scope UV curable inks refer to a type of ink used in printing processes that cures or dries quickly when exposed to ultraviolet (UV) light. These inks offer fast drying times, vibrant colors, and enhanced durability on a wide range of substrates. They are commonly used in various printing applications, including wide-format printing, packaging, labeling, and signage. Sizing and Forecast The UV curable inks market size has grown strongly in recent years. It will grow from $1.55 billion in 2023 to $1.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%.  The growth in the historic period can be attributed to environmental regulations, continuous advancements in UV curing technology, increased demand for high-quality printing, cost savings, productivity improvements, and a shift towards sustainable practices. The UV curable inks market size is expected to see strong growth in the next few years. It will grow to $2.12 billion in 2028 at a compound annual grow...

Mobile Remittance Service Market Market Analysis, Size, Share And Outlook Report To 2033

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  Overview and Scope Mobile remittance service refers to a digital medium of exchange and storage of money using mobile money accounts, facilitated by a network of mobile money agents. Mobile remittance services enable users to conveniently send money globally, aiding in fast and secure transactions in cross-border business activities. Sizing and Forecast The mobile remittance service market size has grown rapidly in recent years. It will grow from $24.83 billion in 2023 to $24.83 billion in 2024 at a compound annual growth rate (CAGR) of 29.83%. The growth in the historic period can be attributed to rise in adoption of cloud-based technology, increase in mobile penetration, minimum administration & operational cost, rise in transparency among cloud providers, horizontal and vertical scalability. The mobile remittance service market size is expected to see rapid growth in the next few years. It will grow to $55.89 billion in 2028 at a compound annual growth rate (CAGR) of 17.7%...

Latex Ink Market Industry Outlook, Opportunities in Market And Expansion By 2033

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  Overview and Scope Latex ink is a water-based ink that contains pigments commonly used in inkjet printers for large-format printing applications such as signage, banners, and posters. It is renowned for its ability to produce top-notch images, resilience against scratches, and capacity to resist fading and weathering, rendering it ideal for indoor and outdoor uses. Sizing and Forecast The latex ink market size has grown steadily in recent years. It will grow from $18.63 billion in 2023 to $19.54 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%.  The growth in the historic period can be attributed to environmental regulations, demand for high-quality prints, expansion of digital printing, demand for wide-format printing, rise of digital printing. The latex ink market size is expected to see strong growth in the next few years. It will grow to $24.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.  The growth in the forecast period can be a...

Industrial Emission Control Systems Market Size, Share, Trends, Opportunity, And Forecast To 2033 | BASF SE, General Electric Company, Mitsubishi Hitachi Power Systems Ltd., Johnson Matthey PLC

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  Overview and Scope Industrial emission control systems refer to the equipment and technologies designed to reduce or eliminate harmful emissions produced by industrial processes, such as manufacturing, power generation, and chemical production. These systems are used to reduce the release of pollutants such as particulate matter (PM), sulfur dioxide (SO2), nitrogen oxides (NOx), volatile organic compounds (VOCs), and other hazardous gases into the atmosphere. Sizing and Forecast The industrial emission control systems market size has grown strongly in recent years. It will grow from $19.92 billion in 2023 to $21.42 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%.  The growth in the historic period can be attributed to stringent environmental regulations, growing environmental awareness, technological advancements, rising industrialization and urbanization, volatility in energy prices, and corporate sustainability initiatives. The industrial emission control s...