by Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator), Cooling System (Air-Cooled, Water-Cooled, and Hydrogen-Cooled), and End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Plants, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027 . As per the report, the global turbo generator industry was pegged at $10.4 billion in 2019, and is anticipated to reach $12.6 billion by 2027, growing at a CAGR of 3.1% from 2020 to 2027.
Major determinants of the market growth
Rise in need of continuous & stable power supply, rapid growth in gas power plants, and rapid urbanization & industrialization drive the growth of the global turbo generator market. However, implementation of strict government regulations toward environmental pollution and rapid development in the renewable energy sector hamper the growth. On the contrary, surge in investment in electrification of remote & rural areas is expected to create lucrative opportunit
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PORTLAND, Ore., March 1, 2021 /PRNewswire/ Allied Market Research recently published a report, titled, Construction 4.0 Market Analysis by Solution (Hardware, Software, and Services), Technology (IoT, Artificial Intelligence, Industrial Robots, and Others), Application (Asset Monitoring, Predictive Maintenance, Fleet Management, Wearables, and Others), and End User (Residential and Non-residential): Global Opportunity Analysis and Industry Forecast, 2020–2027 . As per the report, the global construction 4.0 industry was pegged at $9.78 billion in 2019, and is projected to reach $29.10 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027.
Major determinants of the market growth
Rapid growth of the construction industry, technological advancements, and proper time management of construction sites have boosted the growth of the global construction 4.0 market. However, lack of skilled labor and capital in developing countries and rise in security thr
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Portland, OR, Feb. 23, 2021 (GLOBE NEWSWIRE) According to the report, the
Europe electric vehicle market was estimated at $25.48 billion in 2019 and is anticipated to hit $143.08 billion by 2027, registering a CAGR of 25.4% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.
Increase in demand for fuel-efficient, high-performance, and low-emission vehicles and stringent government rules & regulations toward vehicle emission fuel the growth of the Europe electric vehicle market. On the other hand, high manufacturing cost and insufficient electric vehicle charging infrastructure in Europe hinder the growth to some extent. Nevertheless, proactive government initiatives and technological advancements are anticipated to offer lucrative opportunities to the market players.
Logistics Market to Reach $12.97 Billion, Globally, by 2027 at 6.5% CAGR: Allied Market Research
PORTLAND, Ore., Feb. 23, 2021 /PRNewswire/
Allied Market Research published a report, titled, Logistics Market by Mode of Transport (Railways, Airways, Roadways, and Waterways) and End Use (Healthcare, Manufacturing, Aerospace, Telecommunication, Government & Public Utilities, Banking & Financial Services, Retail, Media & Entertainment, Technology, Trade & Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2017-2027. According to the report, the global logistics industry was estimated at $7.64 billion in 2017, and is expected to hit $12.97 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.
Download Report (310 Pages PDF) Research at https://www.alliedmarketresearch.com/request-sample/1942
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PORTLAND, Ore., Feb. 23, 2021 /PRNewswire/ Allied Market Research published a report, titled, Construction Robotics Market by Application (Demolition, 3D Printing, Material Handling, and Surveillance), Sales Type (New Sales and Aftermarket) and End User (Residential, Industrial, and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global construction robotics industry generated $2.45 billion in 2019, and is projected to reach $7.88 billion by 2027, witnessing a CAGR of 23.3% from 2020 to 2027.
Drivers, restraints, and opportunities
Improved quality, productivity, and safety and adoption of 3D printing in the construction industry drive the growth of the global construction robotics market. However, expensive nature of equipment hinders the market growth. On the other hand, emergence of automation in the construction sector presents new opportunities in the coming years.