by Communication (Vehicle-to-vehicle (V2V), Vehicle-to-infrastructure (V2I), Vehicle-to-pedestrian (V2P), Vehicle-to-grid (V2G), Vehicle-to-cloud (V2C), and Vehicle-to-device (V2D)), Connectivity (Dedicated Short-range Communication (DSRC), and Cellular-V2X (C-V2X) Communication) and Vehicle Type (Passenger Cars and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global automotive V2X industry garnered $2.56 billion in 2019, and is projected to generate $11.71 billion by 2027, manifesting a CAGR of 28.4% from 2020 to 2027.
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Prime determinants of growth
Surge in adoption of connected cars and rapid increase in urbanization and industrialization drive the growth of the global automotive V2X market. However, high cost of implementation and security concerns related to data communication
Pre-engineered Buildings Market to reach US $34 billion by 2028 - Global Insights on Latest Building Design, Cost Minimizing, Application, Challenge, Manufacturers & Future Perspectives: Adroit Market Research
Pre-engineered buildings market growth is attributed to the rising e-commerce, supply chain & logistics, and manufacturing sectors. Increasing construction of warehouses & industries are projected to show lucrative opportunities in coming years.
May 13, 2021 07:03 ET | Source: Adroit Market Research Adroit Market Research Pune, INDIA
Dallas, Texas, May 13, 2021 (GLOBE NEWSWIRE) The global pre-engineered buildings market is growing at a CAGR of >12.0% during the forecast period from 2021 to 2028. The demand is being driven by rising understanding of new off-site building structures and methods, as well as rapid industrialization in both developing and developed economies. The demand for industrial storage spaces and war