According to TechSci Research report, “Formic Acid Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Formic Acid Market stood at USD 1.68 Billion in 2023 and is anticipated to grow with a CAGR of 4.54% through 2029. Government initiatives focusing on formic acid have created favorable market conditions for the Global Formic… Read More »
The automotive battery thermal management system (BTMS) is crucial to ensure the efficient functioning and longevity of electric vehicle (EV) batteries. As electric vehicles gain global traction, the need for advanced battery thermal management systems becomes imperative. The primary function of BTMS is to maintain an optimal temperature range for batteries, ensuring peak performance and… Read More »
Automotive HVAC (Heating, Ventilation, and Air Conditioning) systems are integral to modern vehicles, responsible for maintaining the desired internal temperature and air quality within the cabin. These systems regulate airflow, remove humidity, and provide both heating and cooling, contributing to passenger comfort and safety. Let’s dive into the Global Automotive HVAC Market. Importance in Modern Vehicles… Read More »
The automotive drive shafts market has become an integral part of the global automotive industry, driven by innovations, regulatory requirements, and shifts in consumer demand. According to a report by TechSci Research, the global automotive drive shafts market stood at USD 77.95 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of… Read More »
The global automotive powertrain market is undergoing significant transformations driven by technological advancements, shifting consumer preferences, and stringent environmental regulations. By 2028, this market is expected to reach USD 662 billion, growing at a compound annual growth rate (CAGR) of over 7% from 2024 to 2028. The growth is primarily fueled by factors such as stringent emission norms,… Read More »
The global automotive fuel injection systems market is poised to grow significantly in the coming years, driven by a range of factors including rising vehicle production, increasing demand for fuel-efficient and high-performance vehicles, and stricter emission regulations. By 2028, the market is expected to reach a valuation of USD 72 billion, with a compound annual growth rate (CAGR)… Read More »
According to TechSci Research report, “Immersion Cooling Fluids Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Immersion Cooling Fluids Market stood at USD1.58 billion in 2022 and is anticipated to grow with a CAGR of 4.86% in the forecast period, 2023-2028. The initiatives taken by government based on immersion cooling… Read More »
According to TechSci Research report, “Bio-LNG Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2019-2029F”, the Global Bio-LNG Market stood at USD 1.21 billion in 2023 and is anticipated to grow with a CAGR of 4.65% in the forecast period, 2024-2029. Initiatives taken by government based on bio-LNG has led to favorable market… Read More »
The Lighting Contactor Market is expected to be driven by an increasing emphasis on energy efficiency and a growing adoption of smart lighting solutions during the forecast period. According to TechSci Research report, “Lighting Contactor Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Lighting Contactor Market was valued at USD 1.67… Read More »
The Advanced Battery Technology Market is expected to be driven by an increasing focus on sustainability and environmental concerns, rising demand for electric vehicles (EVs), and advancements in renewable energy storage during the forecast period. According to TechSci Research report, “Advanced Battery Technology Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global… Read More »