Business

Electric Vehicles Market Projected to Grow Worth US$ 596.56 Bn by 2030

Electric vehicles are self-propelling transportation machines for passengers as well as goods utilizing the power stored in the batteries via electric motors or with the help of both internal combustion engine and electric motors working in tandem. Electric vehicles are considered to be the vehicles of the future and are highly likely to make conventional […]

Business

Tire Pressure Monitoring Systems (TPMS) Market to Hold a High Potential for Growth of US$ 23,620.5 Mn by 2026

Automotive Tire Pressure Monitoring Systems (TPMS) are active safety systems that help monitor the tire pressure of vehicles by using pressure sensors or through the wheel speed sensors of ABS/ESC systems. Batteries used in TPMS generally have a lifespan of 6 to 10 years. Moreover, the entire TPMS has to be replaced if the battery […]

Business

Graphite Market Prevalent Opportunities of US$ 17.5 billion in 2020

Recent developments such as Tesla Motors’ plans to manufacture lithium-ion batteries indicate the promising future for graphite. More applications of lithium-ion batteries in electronic devices will facilitate the growth in demand for graphite. In 2013, the global market for graphite was valued at US$ 13.6 billion, and is projected to increase at 3.70% CAGR and […]

Business

Commercial Refrigeration Equipment Market to Witness an Outstanding Growth of US$ 45,913.5 Million by 2026

Increasing demand for frozen food, bakery products, and packaged food products is driving the demand for commercial refrigeration equipment. Moreover, in an effort to decrease carbon footprints, the manufacturers are focusing on developing commercial refrigeration equipment that consumes less or limited amount of energy. The U.S. Department of Energy and Environmental Protection Agency have also […]

Business

U.S. Costume Jewelry Market to Witness Robust Expansion of US$ 20.3 Bn by 2024

Multi-Brand Boutiques and Online Retailing to account for more than 75% of distribution channels In the year 2016, the Multi-Brand Boutiques segment accounted for a market share of nearly 45% and the Online Retailing segment held a share of 33% in the distribution channels category in the U.S. costume jewelry market. These statistics imply jewelry […]