Space Rover Market to Reach $998 29 Mn, Globally, by 2030 at 9 2% CAGR: Allied Market Research prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Dry Type Transformer Market to Garner $7.3 Billion, Globally, by 2027 at 6.1% CAGR, Says Allied Market Research
PORTLAND, Ore., March 16, 2021 /PRNewswire/ Allied Market Research recently published a report, Dry Type Transformer Market by Type (Dry Type Converter Transformer and Dry Type Rectifier Transformer), Technology (Cast Resin and Vacuum Pressure Impregnation), Phase (Single-phase and Three-phase), Voltage (Low and Medium), and End Use (Industrial, Commercial, and Others): Opportunity Analysis and Industry Forecast, 2020-2027 . According to the report, the global dry type transformers market was pegged at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
Drivers, restraints, and opportunities
BIM in Construction Market to Reach $7.53 Bn, Globally, by 2027 at 15.0% CAGR: Allied Market Research
PR Newswire
PORTLAND, Ore., March 9, 2021
- Rise in efficiency and productivity on the construction sites and utilization in modular or prefabricated construction activities drive the growth of the global BIM in construction market.
PORTLAND, Ore., March 9, 2021 Allied Market Research published a report, titled, BIM in Construction Market by Phase of Work (Construction and Operation), End User (Engineers and Contractors), Application (Residential and Non-residential), and Deployment Model (On-premise and Cloud-based): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global BIM in construction industry generated $2.51 billion in 2019, is projected to garner $7.53 billion in 2027, witnessing a CAGR of 15.0% from 2020 to 2027.
by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, and Forklift Trucks), Navigation Technology (Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance, and Others), Application (Transportation, Distribution, Storage, Assembly, Packaging, and Waste Handling), Industry (Automotive, Manufacturing, Food & Beverages, Aerospace, Healthcare, Logistics, Retail, and Others), and Mode of Operation (Indoor and Outdoor): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global automated guided vehicle market size was valued at $5.21 billion in 2019, and is projected to reach $13.52 billion by 2027, registering a CAGR of 16.6% during the forecast period.
Drivers, restraints, and opportunities
Growth in demand for automation and automated guided vehicles (AGVs) in various industries, decrease in labor costs in various organization, and rise in safety, accuracy, and productivity
PORTLAND, Ore., March 8, 2021 /PRNewswire/ Allied Market Research published a report, titled, Solar Farm Market by Type (Utility-scale, Distributed Generation, Microgrids, and Others) and End User Industry (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global solar farm industry generated $61.4 billion in 2019, and is estimated to generate $261.0 billion by 2027, witnessing a CAGR of 19.8% from 2020 to 2027.
Prime determinants of growth
Supportive government regulations for usage of photovoltaic technology drive the global solar farm market. However, high cost associated with installation hinders the market growth. Contrarily, increase in demand for renewable energy presents new opportunities in the coming years.