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.
Download Report (268 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/7485
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
by Type (Offshore and Onshore) and End-User (Industrial, Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global wind energy industry generated $62.1 billion in 2019, and is expected to generate $127.2 billion by 2027, witnessing a CAGR of 9.3% from 2020 to 2027.
Prime determinants of growth
Increase in demand for renewable power sources, higher efficiency than fossil energy sources, and environment-friendly nature, and reduced carbon emission drive the global wind energy market. However, high installation and maintenance costs of offshore wind plants hinder the market growth. On the other hand, advancements in wind turbine structure present new opportunities in the coming years.
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Increase in adoption of automation in the oil & gas industry and rise in drilling activities due to the development of unconventional hydrocarbon resources drive the growth of the global robotic drilling equipment market. Moreover, by region, the market across North America dominated in 2019 with highest market share and is expected to continue its dominance throughout the forecast period.
PORTLAND, Ore., May 12, 2021 /PRNewswire/ Allied Market Research published a report, titled, Robotic drilling equipment Market by Application (Land and Water), Installation (New Installation and Modernize), and End-user Industry (Oil and Gas): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global Robotic drilling equipment industry generated $804 million in 2019, and is expected to garner $1.01 billion by 2027, witnessing a CAGR of 8.4% from 2020 to 2027.
More Electric Aircraft Market to Reach $4.61 Bn, Globally, by 2027 at 15.5% CAGR: Allied Market Research
PORTLAND, Ore., May 11, 2021 /PRNewswire/ Allied Market Research published a report, titled, More Electric Aircraft Market by Aircraft System (Propulsion System and Airframe System), Application (Power Generation, Power Distribution, Power Conversion, and Energy Storage), and Aircraft Type (Fixed-wing and Rotary-wing), and End User (Civil and Military): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global more electric aircraft industry generated $1.80 billion in 2019, and is expected to reach $4.61 billion by 2027, witnessing a CAGR of 15.5% from 2020 to 2027.
Download Report (306 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/6593
Paint Roller Market to Garner $3.18 Bn, Globally, by 2027 at 5.5% CAGR
PORTLAND, Ore., May 4, 2021 /PRNewswire/ Allied Market Research recently published a report, titled, Paint Roller Market by Fabric (Synthetic and Blended), Frame Size (Shorter, Medium, and Large), and End User (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020-2027 . As per the report, the global paint roller industry was pegged at $2.38 billion in 2019, and is projected to reach $3.18 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.
Drivers, restraints, and opportunities
Increase in demand for various types of paint rollers, improved designs and functionality, and rise in demand in investments in industrial buildings have boosted the growth of the global paint roller market. However, the presence of substitute products such as paint brushes and sprays and competition from domestic manufactures hinder the market growth. On the contrary, surge in