Some of the major factors driving the growth of the Automotive E-Compressor market are the rise in the geriatric population, as well as collaborations and partnerships, to facilitate drug development. Additionally, the increase in healthcare expenditure has significantly contributed to market growth. An increase in the number of pipeline drugs and huge growth potential from emerging economies are more likely to provide lucrative opportunities for the market to expand.
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Share this article
Share this article
ResearchAndMarkets.com s offering.
According to the report, the Global Automated Guided Vehicle (AGV) Market accounted for $2.1 billion in 2019 and is expected to reach $4.95 billion by 2027, growing at a CAGR of 11.3% during the forecast period.
Growing demand for automation in material handling processes, the rising popularity of e-commerce and an increase in demand for electronics and retail products are some of the factors propelling the growth of the market. However, high initial investment, installation cost, and present financial crisis are restraining the growth of the market.
Automated guided vehicles are material handling automated machines that are programmed to move pallets, carts, and trays, among others, between different manufacturing and warehousing facilities without any permanent conveying system or manual intervention. Automated guided vehicles are installed by these facilities to enhance efficiency, which results in incre
Share this article
CHICAGO, Feb. 1, 2021 /PRNewswire/ According to the new market research report on the Automated Material Handling Equipment Market by Product (Robots, ASRS, Conveyors and Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry (Automotive, Metals & Heavy Machinery, E-commerce), and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Automated Material Handling Equipment Market size is expected to grow from USD 43.6 billion in 2021 to USD 76.8 billion by 2026; it is expected to grow at a CAGR of 12.0% from 2021 to 2026. The key factors driving the growth of the market include growing demand for ASRS in e-commerce due to COVID-19, and increasing presence of start-up companies offering robotic solutions for warehouse automation.
Share this article
Share this article
PUNE, India, Jan. 29, 2021 /PRNewswire/ According to a recent market study published by Growth Market Reports (GMR), titled, Electric Vehicle Power Inverter Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast , the market was valued at USD 17,110 Million in 2019 and is expected to grow at a healthy growth rate of 6.4% by the year 2027. A power inverter helps converts DC power into the AC power used in an electric vehicle motor. The inverter helps change the speed at which the motor rotates by altering the frequency of the AC. Also, It can help in adjust (increase or decrease) the power of the motor by adjusting the amplitude of the signal.
Technavio Research: New Automotive On-Board Power Inverter Market Research During 2020-2024 | Market Impact Analysis | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210121006021/en/
Technavio has announced its latest market research report titled Global Automotive On-board Power Inverter Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the automotive on-board power inverter market.
Get FREE report sample within MINUTES One of the primary growth drivers for this market is the need to stay connected during long-distance journeys, says a senior analyst for Industrials at Technavio. The market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover Technavio expects the automotive on-board power inverter market size to grow by