The global tunnel boring machine market size was estimated at around USD 6.73 billion in 2023 and it is projected to hit around USD 10.88 billion by 2033, growing at a CAGR of 4.92% from 2024 to 2033. The tunnel boring machine (TBM) market stand...
The global electrolyzer market was valued at USD 7.40 billion in 2022 and it is predicted to surpass around USD 121.01 billion by 2032 with a CAGR of 32.23% from 2023 to 2032. Key Pointers In 2022, the alkaline electrolyzer segment ac...
The global solar battery market was valued at USD 113.5 million in 2021 and it is predicted to surpass around USD 375.84 million by 2030 with a CAGR of 14.23% from 2022 to 2030 Solar battery is generally used to store solar power and d...
The global digital door lock systems market growth is expanding at a CAGR of 14% during the forecast period 2021 to 2030 and is expected to reach US$ 32.5 billion by 2030. The global market for digital door lock systems is largely affected by numero...
According to Report, the electronically commutated motors (<5HP) market growth is expanding at a CAGR of 6% over the forecast period 2021 to 2030 and is expected to reach US$ 8 billion by 2030. The global electronically commutated motors (<5HP...
The global Vertical Roller Mill market size is projected to reach US$ 800 million by 2030, from US$ 560 million in 2020, at a CAGR of 3.5% during 2021-2030. Vertical roller mill is a type of grinder used to grind materials into extremely fine powder...
The global steam boiler market size was valued at US$ 15.8 billion in 2020 and is projected to surpass around US$ 20.7 billion by 2030, with a CAGR of 3.6% from 2021 to 2030. Steam boiler, also known as steam generator, is a component that generates...
The Portable Ultrasound Equipment market size is expected to reach US$ 10.3 billion by 2030, at a CAGR of 4.5% during the forecast period 2021 to 2030. Portable Ultrasound Equipment refers to the device use the ultrasound technology, which is a kind...
The elevator and escalator market size is expected to be worth around U$ 66 billion by 2030 from US$ 31.5 Bn in 2020 and anticipated to grow at a CAGR of 6.8% during the forecast period 2021 to 2030. Key Driver Demand for skyscrapers is increasing ...
The global permanent magnet synchronous motors market size is predicted to surpass US$ 7 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% from 2021 to 2030. A permanent magnet synchronous electric motor is an AC motor. ...