The portable inverter generator market reached a valuation of US$ 3.05 Billion in 2022. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a 9.7% CAGR, reaching US$ 7.7 Billion. Increasing adoption of portable generators owing to a rapidly growing construction industry is also propelling market growth. Power...
The global automotive power electronics market is set to achieve a valuation of US$ 6 billion by 2033, advancing at 4.1% CAGR from 2023 to 2033, as per this new industry analysis by Fact.MR, a market research and competitive intelligence provider. Power electronics is a general term that refers to...
“According to Fact.MR the global electric vehicle component market is valued at USD 148.32 Billion in 2022. The market is further expected to gain size of USD 1001.95 Billion by the year 2032. The market is expected to grow with a CAGR of 21.05% in the forecast period.” Batteries used in electric vehicles come in three...
Real-time energy cost and efficiency management are accomplished by using power monitoring technologies. The online network of meters which gives real-time information on the power system is referred to as a power monitoring system. Using power monitoring has several advantages, including cost savings, identification of inefficiencies, higher profit margin,...
The global Rooftop Solar Photovoltaic (PV) Installation market is expected to reach USD 40.76 Billion by 2028, according to a new report by Reports and Data. A rooftop solar photovoltaic setup is a photovoltaic system that finds application in the generation of electricity from the solar panel installed on the rooftop...
As per a new report published by Fact MR, a market research and competitive intelligence provider, that the automotive HVAC market had a valuation of US$ 43.3 Billion in 2022, and it is anticipated to hit a value of US$ 68.2 Billion by 2032, registering a CAGR of 4.6%...
The demand for electric vehicle (EV) power electronics will increase dramatically in the next ten years, primarily driven by rapid growth in the BEV car market, where IDTechEx predicts a 15% CAGR globally over the next decade. Currently, the weighted-average battery capacity of BEV cars is increasing in all...
The "Electric Vehicle (Ev) Batteries Global Market Opportunities and Strategies to 2031" report has been added to ResearchAndMarkets.com's offering. The global electric vehicles batteries market reached a value of nearly $28,816.4 million in 2021, having increased at a compound annual growth rate (CAGR) of 30.6% since 2016. The market is expected to grow from $28,816.4 million in...
In 2022, the fuel cell generator market was worth around USD 330 million, and it is projected to advance at a 17.50% CAGR from 2022 to 2030, hitting USD 1,199 million in 2030, as per P&S Intelligence. This development can be ascribed to several reasons, including the burgeoning need for the minimalization of CO2 emissions, easy...
The sales volume of the electric truck market was 86,799 units in 2022, which is predicted to hit 1,154,996 units by 2030, advancing at a 38.2% CAGR from 2022 to 2030, as per P&S Intelligence. Compared to electric trucks, the traditional ones have higher maintenance and operating costs. Additionally, electric variants help...