The wireless charging market is projected to grow at a CAGR of 25.03% to reach US$30.164 billion by 2024, from US$7.897 billion in 2018. Wireless charging market will grow owing to its rising popularity in the consumer electronics segment due to high integration with smartphones and wearable devices. In addition, the technological advancements in the wireless charging technology have led to its usage in various other appliances such as, automobiles, medical implants, toys, among others, which Read more...
The global military battery market is projected to grow at a CAGR of 4.85% to reach US$2.815 billion by 2023, from US$2.119 billion in 2017. Batteries are used in the military and defence industry for varied applications including APUs, propulsion systems, providing backup power, and for ignition systems among many others. Increasing military expenditure on acquiring advanced weapons coupled with budding demand for unmanned aerial vehicles for surveillance purposes will drive the demand for t Read more...
The global quantum batteries market is projected to expand at a CAGR of 24.78% over the forecast period of 2017 - 2023. Scientists are very close to developing world’s fastest charging battery known as the quantum battery which utilizes the unique property of quantum mechanics. A new research in the University of Adelaide is aiming towards the development of world’s first quantum battery under the supervision of Dr. James Quach. Dr. Quach, a quantum physicist says that unlike ordi Read more...
The global solar rooftop market is projected to grow at a CAGR of 16.52% during the forecast period. This market is driven by the widespread adoption of renewable sources of generation, especially solar photovoltaic (PV) generation. The increasing deployment of the bi-directional metering system along with remote monitoring systems for solar roofto Read more...
Global flow battery market is projected to witness a CAGR of 28.61% during the forecast period to reach a total market size of US$987.758 million by 2023, increasing from US$218.250 million in 2017. Flow battery is a rechargeable electrochemical device which converts the chemical energy in the electro-active materials directly to electrical energy, similar to a conventional battery and fuel cells. The rechargeability is provided by two chemical components dissolved in liquids contained within Read more...
The global microturbine market was valued at US$116.410 million in 2017 and is projected to grow at a CAGR of 4.91% over the forecast period to reach US$155.198 million by 2023. The micro-turbine market is driven by the surging requirement for cost-effective technology for power generation. Micro-turbines offer low emission power generation along with inexpensive operations, achieving profitable power generation and supply. Moreover, the development of micro-turbines operating on multiple fue Read more...
Middle East and Africa Smart Glass market is estimated to attain a CAGR of 11.20%, reaching US$0.088 billion in 2022, increasing from US$0.047 billion 2016. Smart Glasses are special types of glasses which change themselves from transparent to opaque upon the creation of any disturbance. Due to the increasing construction industry and increasing traveler frequency, the construction activities are incorporating smart glass windows to provide good living experience inside the buildings. Also, bein Read more...
Asia-Pacific Smart Glass market is estimated to attain a CAGR of 16.56%, reaching US$1.239 Billion in 2022, increasing from US$0.494 billion 2016. Smart Glasses are special types of glasses which change themselves from transparent to opaque upon the creation of any disturbance. Being one of the largest energy consumer, the Asia-Pacific region is estimated to witness a high growth rate during the forecast period. Due to the high energy consumption, the government policies are encouraging any kind Read more...
Europe Smart Glass market is estimated to attain a CAGR of 14.16%, to reach US$2.011 billion in 2022, increasing from US$0.908 billion 2016. Smart Glasses are special types of glasses which change themselves from transparent to opaque upon the creation of any disturbance. Europe region is projected to be the biggest market for smart glass throughout the forecast period. Due to the growing awareness about the energy consumption, the sustainable constructions are increasing continuously with the s Read more...
South America Smart Glass market is estimated to attain a CAGR of 13.45%, reaching US$ 0.238 billion in 2022, increasing from US$0.112 billion 2016. Smart Glasses are special types of glasses which change themselves from transparent to opaque upon the creation of any disturbance. Increasing awareness, increasing real-estate activities and rapid urbanization are some of the factors driving the market growth. Brazil and Argentina being the leading regions in construction and automotive industries Read more...
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