Rising Demand for Electric Vehicles Driving the Growth of Battery Management System Market

In 2019, the global battery management system market generated $5.1 billion and is expected to reach $22.3 billion in 2030, advancing at a 14.5% CAGR during the forecast period (2020–2030).  An electronic system which controls and monitors the charging and discharging...

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Artificial Intelligence (AI) in Cyber Security Market to Observe $17.0 Billion Growth by 2023

Ever since data sharing between two computing devices became possible, cyber-attacks have been leading to huge financial losses all across the world. There are several types of cyber-crimes, such as data and identity theft, email and password hacking, phishing, denial of...

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How is Rising Need for Water-Proof Motors Driving Stepper Motor Market Forward?

An electromechanical device which uses electrical pulses to achieve mechanical movements is termed as a stepper motor. It is also commonly referred to as a step motor or a stepping motor. Instead of working on the continuous applied voltage, stepper motors work by digital...

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Germany Automotive Digital Services Market Driven by Demand

The German automotive digital services market generated a revenue of $2168.6 million in 2017, and it is estimated to witness a 19.3% CAGR during the forecast period (2018–2023). The market is being driven by the incorporation of mobility-on-demand services and advanced driver-assistance...

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Vertical Farming Market Predicted to Grow at a CAGR of 24.2% in Near Future

The number of people living in cities rose to 4.2 billion in 2018 and is further expected to reach 6.7 billion by 2050, as per the World Urbanization Prospects 2018 report published by the United Nations Department of Economic and Social Affairs. This migration from rural...

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Wide Applications in Healthcare and Manufacturing Industries Driving the Growth of Optical Metrology Market

In 2017, the global optical metrology market generated $1,989.2 million and is projected to witness a 6.5% CAGR during the forecast period (2018–2023). The market is growing due to the rising demand for inspection of underground pipes for cracks and defects in...

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Armored Vehicles Market Revenue and Industry Expansion Strategies

Wars and acts of genocide are as old as human civilization itself, but often these take a form uglier than imaginable. Asia (South Asia and the Middle East in particular) and Africa have emerged as the hotbeds for such incidents, especially after the two World Wars. Though...

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