In 2023, the market for adaptive cruise control is estimated at USD 16.4 billion and will increase to USD 53.1 billion by 2030 with a growth rate of 18.5% over the period 2024 to 2030. This growth of the market can be credited to the rising requirement for autonomous cars due to safety concerns, continuous enhancements in sensor tech, and government...
Showing posts with label innovations. Show all posts
Showing posts with label innovations. Show all posts
Particle Counters Market Will Reach USD 1,069.6 Million by 2030
The projected value of the worldwide particle counters market will be approximately USD 549.1 million in 2023, with an anticipated growth to reach USD 1,069.6 million by 2030. This represents a compound annual growth rate (CAGR) of 10.2% over the period from 2024 to 2030.The...
Compressed Air Energy Storage Market is Powered by the increasing Global Population
The compressed air energy storage market was about USD 6,027.4 million in 2023, and it will reach USD 26,605.3 million by 2030, powering at a rate of 23.7% by the end of this decade. This is credited to the surge in the population and the subsequent surge in the power demand....
APAC Is Dominating Cryogenic Pump Market
In 2021, the cryogenic pump market size stood at USD 1,407.6 million, which is projected to witness a 3.1% CAGR during 2021–2030, reaching USD 1,860.1 million by 2030. P&S Intelligence majorly credits this growth to the increasing installation of such pumps in the metallurgy,...
All You Need to Know About Polymethyl Methacrylate
Polymethyl methacrylate is common for manufacturing plastic all over the globe. It has a lot to do with its high transparency. The characteristics of PMMA are notable for the people, it is an extremely translucent, material offering high impact and ecological resistance,...
Recycled Carbon Fiber Market Will Reach USD 310.3 Million by 2030
The size of the recycled carbon fiber market will power at a compound annual growth rate of 7.9% during 2022-2030, to touch a value of USD 310.3 million by 2030.The cost of recycled carbon fiber is lower than virgin carbon fiber. Stiffness, endurance, heat, fatigue, and...
