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PORTLAND, Ore., Jan. 19, 2021 /PRNewswire/ Allied Market Research published a report, titled, Smart Railway Market
by System (Passenger Information System, Rail & Freight Operations Management System, Smart Safety & Security Monitoring System, Rail communication & Networking System, Smart Ticketing System, Rail Analytics System, and Others) and Offering Type (Solutions, Components & Devices, and Services): Global Opportunity Analysis and Industry Forecast, 2020–2027 According to the report published by Allied Market Research, the global smart railway industry garnered $18.30 billion in 2019 and is anticipated to reach $38.46 billion by 2027, growing at a CAGR of 12.8% in between 2020 to 2027.
Download Report Sample (255 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/412
Hybrid Train Market to Reach $23.9 Bn, Globally, by 2027 at 6.6% CAGR: Allied Market Research
PORTLAND, Ore., Jan. 19, 2021 /PRNewswire/ Allied Market Research published a report, titled, Hybrid Train Market by Propulsion Type (Electro-Diesel, Battery Operated, Hydrogen Powered, Gas Powered, and Solar Powered), Application (Passenger and Freight), and Operating Speed (Less than 100 km/hr, 100-200 km/hr, and More than 200 km/hr): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global hybrid train industry generated $16.2 billion in 2019, and is expected to generate $23.9 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.
Drivers, restraints, and opportunities
Advantages associated with hybrid trains over conventional trains along with increase in awareness and stringent government regulations regarding environmental pollution drive the growth of the global hybrid train market. However, surge in cost regarding development
by Type (Single Girder and Double Girder), Business Type (OEM and Aftersales), and End User (Automotive, Metal & Mining, Paper, Utility, Aerospace, Shipyards, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global overhead cranes industry generated $3.77 billion in 2019, and is expected to generate $5.04 billion by 2027, witnessing a CAGR of 4.9% from 2020 to 2027.
Drivers, restraints, and opportunities
Rise in government investment in development of infrastructure activity, growth in need for workplace safety in industrial applications, and higher time optimization and reduced labor cost drive the growth of the global overhead cranes market. However, limited availability of skilled workforce to complete operation and time requirement for supply chain restrain the market growth. On the other hand, surge in investment in the manufacturing sector present new opportunities in the coming years.
Automotive Robotics Market to Garner $13.60 Bn, Globally, by 2027 at 12.8% CAGR, Says Allied Market Research
PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ Allied Market Research recently published a report, titled, Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027 . As per the report, the global automotive robotics industry generated $6.63 billion in 2019, and is expected to reach $13.60 billion by 2027, witnessing a CAGR of 12.8% from 2020 to 2027.
Download Report Sample (339 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9046
/PRNewswire/ Allied Market Research recently published a report, titled, "Engineered Wood Market by Type (I-Beams, Plywood, Laminated Veneer Lumber (LVL),.