Global lead-acid battery market is expected to grow at a CAGR of 4.2% during the forecast period of 2022-2030. Rising automotive vehicles production across the globe is the key driver for the global lead acid battery market. Lead-acid batteries are used in automotive for SLI (Starting, Lightening and ignition) and MLA (Motive Lead Acid batteries) in railroad, mining, heavy duty equipment and others.
View moreGlobal smart water management market is expected togrow at a CAGR of 18.5% during forecast period (2022-2030). Growing requirement for water conservation and water scarcity across the globe is the key factor driving the smart water management market. For instance, as per the water project organization there is around 783 million people didn’t have access to clean and safe water globally.
View moreGlobal fuel cell market is estimated to grow at a CAGR of 14.8% during forecast period (2022-2030). The fuel cell market is mainly driven by innovations in fuel cells. Due to innovations, applications areas of fuel cells are on consistent rise. For instance, scope of fuel cell is not only limited to fuel cell electric vehicles nevertheless it is also adopted in material handling, power generation and others.
View moreGlobal energy management system (EMS) market is estimated to grow at a CAGR of 18.2% during the forecast period (2022-2030). Global EMS market is primarily driven by rising awareness about carbon footprint and an increase in demand for efficient EMS. Rising concern of various governments on increasing carbon emission level and calculation of carbon footprint per product.
View moreGlobal GaN Power devices market is expected to grow at an exponential CAGR of 57.4% during the forecast period (2022-2030). The global GaN Power device market is primarily driven by growing demand of GaN in commercial radio frequency application, high adoption of GaN in electric vehicle, escalating demand for wireless charging and reduction in prices of GaN devices. The escalating demand of GaN power devices in wireless charging is also proven to be the major driving element of global GaN power device market. The trend of wireless charging is paving the way for GaN power devices.
View moreGlobal graphics processing unit market is estimated to generate a CAGR of 33.5% during forecast period (2022-2030). Global graphics processing unit market is primarily driven by rising number of graphic intensive games and technological advancements in GPUs. Growing development of graphics intensive games is necessitating adoption of GPUs to deliver high-end resolution and better experience.
View moreThe ‘Global Market for Flexible Electronics’ is anticipated to grow at a CAGR of 25.2% during the forecast period 2022-2030. Continuous evolving advancement in compact sized devices and thin film materials has fueled the developments of ‘Global Flexible Electronics Market’. All these advancement, along with newer integration process enabled the wafer scaled process to be combined with flexible substrates such as silicon and plastics.
View moreThe global broadcast switchers market is expected to grow with a CAGR of 6.8% during the forecast period of 2022-2030. The significantly rising usage of digital television and high definition television is expected to improve the experience associated with video broadcasting. Also, there is a rising penetration of television even to the developing and developed countries. These factors are expected to drive the broadcast switchers market. Broadcast switchers are utilized in the transmission of video and audio signals in the broadcasting network.
View moreThe global advanced battery energy storage system market is estimated to rise with a CAGR of 7.0% during the forecast period of 2022-2030. Advanced batteries have been widely adopted as a cost-effective solution in the energy storage market. These batteries include Lithium ion batteries, Sodium Sulphur batteries, flow batteries and nickel metal hydride and other batteries. Decreasing cost of lithium ion batteries and surging energy storage deployments in power grids has largely impacted market growth. There is a huge demand for advanced energy storage technologies in the power grid system.
View moreBio-electronic devices market is expected to grow at a CAGR of 14% during the forecast period. Technological advances such as low power consumption and durability are the key driving factors for bioelectronics device manufacturers. There are constant attempts at developing and improving present day technologies. Cardiac implants are being developed which can be used under a MRI scanner, which have long battery life and high compatibility. Research and development is going on to develop artificial organs which can replace the damaged organs.
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