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February 3, 2021
Share this article Share this article FELTON, Calif., Feb. 3, 2021 /PRNewswire/ -- The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior perf...
February 2, 2021
Share this article Share this article FELTON, Calif., Feb. 2, 2021 /PRNewswire/ --ย The global flexible printed circuit boards market size is estimated to be USD 26.8 billion, by the end of 2025, and is projected to grow at the CAGR of over 11.2% during the forecasted period, 2019 to 2025, according to the new report by Million Insights. Increasing demand for the compact electronic devices is mainly boosting the growth of flexible printed circuit boards (PCB). In addition, rising demand in the ...
February 2, 2021
Share this article Share this article FELTON, Calif., Feb. 2, 2021 /PRNewswire/ -- The global virtual reality (VR) headsets market size is anticipated to value USD 19.78 billion until 2025. It is also expected to register a CAGR of 21.5% over the forecasted years, 2019 to 2025. The shifting trend towards enhancing virtual experience across applications like retail, entertainment, media and gaming is anticipated to fuel up the demand for VR headsets. The product segment of standalone PC-connecte...
February 1, 2021
Share this article Share this article FELTON, Calif., Feb. 1, 2021 /PRNewswire/ -- The global digital twin market size is anticipated to value USD 26.07 billion by 2025. It is also projected to witness a CAGR of 38.2% over the forecasted years, 2018 to 2025. The shifting trend towards the adoption of digital and VR technologies prevailing among several organizations is expected to drive the market growth for digital twins in the upcoming years. The segment of residential & commercial end-use do...
January 27, 2021
Share this article Share this article FELTON, Calif., Jan. 27, 2021 /PRNewswire/ -- The global predictive maintenance market size is projected to reach USD 28.24 billion in 2025. The market is estimated register more than 37% CAGR from 2019 to 2025, as per a new study by Million Insights. Organizations across the globe are emphasizing on reducing operational expenditure and maintenance cost on their equipment. Incorporation of IoT innovative technologies such as IoT, AI and big data in enterpri...
January 26, 2021
Share this article Share this article FELTON, Calif., Jan. 26, 2021 /PRNewswire/ -- The global autonomous ships market size is likely to touch USD 13.4 billion by 2025, as per Million Insights. It is predicted that the market would exhibit 13.5% CAGR from 2019 to 2025. Autonomous ships are equipped with sensors, propulsion system and navigation control devices among others. Further, they make use of IoT and AI to facilitate autonomous operations. Increasing use of autonomous ships is projected ...
January 26, 2021
(1) FELTON, Calif., Jan. 26, 2021 /PRNewswire/ -- The global connected gym equipment market size is projected to reach USD 5.96 billion by 2025, according to Million Insights, registering a CAGR of 31.2 % over the forecast period, 2019 to 2025. Rising health consciousness along with increasing digitalization in gym equipment is anticipated to drive the market growth. Smart gym equipment offers well clarity on the performance by analyzing, tracking, and monitoring workout sessions. Connected gym...
January 25, 2021
Share this article Share this article FELTON, Calif., Jan. 25, 2021 /PRNewswire/ -- The global field device management market size is estimated to reach USD 1.97 billion, by 2025 and is projected to grow at the CAGR of 6.8% over the forecast period, from 2019 to 2025, according to a new report by Million Insights. Field device solutions allow the consumer to access remotely to maintain diagnose, configure and commission filed devices. Centralized access helps to monitor real-time data of equipm...
January 20, 2021
Share this article Share this article FELTON, Calif., Jan. 20, 2021 /PRNewswire/ -- The global ultra-thin glass market size is anticipated to reach USD 27.74 billion until 2025. It is anticipated to register growth with 10.1% CAGR during the forecasted period, 2020 to 2025. This growth can be attributed to the rising usage of electronic devices like televisions, smartphones, laptops, and computers among the millennial population. Properties like good abrasion resistance, transparency, surface s...
January 20, 2021
Share this article Share this article FELTON,ย Calif., Jan. 20, 2021 /PRNewswire/ -- The global driving simulator market size is projected to be USD 6.1 billion by 2027, as estimated by Million Insights in its new report. It is further estimated that the market would witness 3.4% CAGR from 2020 to 2027. The emergence of ADAS in automobile and growing focus on research and development to build vehicles with advanced features are driving the demand for the market. Driving simulators helps in eval...