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Noida, India, March 09, 2021 (GLOBE NEWSWIRE) According to a study conducted recently by the strategic consulting and market research firm,
BlueWeave Consulting, the global Advanced Driver Assistance Systems (ADAS) market was worth USD 25.1 billion in 2020 and is further projected to reach USD 69.4 billion by 2027, at a CAGR of 16.4% during 2021-2027 (forecast period). The increasing demand for a safe, efficient, and convenient driving experience as well as the rising demand for luxury vehicles across the globe are the key factors driving the growth of the ADAS market. Additionally, the Original Equipment Manufacturers (OEMs) and government regulatory authorities are taking necessary steps to improve transportation by addressing major challenges like road accidents, traffic congestion, and the cost of transportation. As a result of the high scale of growth of the
Battery Materials Market Size to Reach USD 53,980 Million by 2026 at CAGR 4.9% | Valuates Reports
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Battery Raw Materials Market size is projected to reach USD 51490 Million by 2026, from USD 38700 Million in 2020, at a CAGR of 4.9% during 2021-2026.
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Lead-acid battery market size was valued at USD 39.7 Billion in 2018 and is projected to reach USD 59.7 Billion by 2026, growing at a CAGR of 5.24% from 2019 to 2026.