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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 performance abilities and expandable range is anticipated to stimulate industry growth. The automotive i...

Share this article Share this article FELTON, Calif., Feb. 2, 2021 /PRNewswire/ -- 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 telecom and IT sector along with the high demand for high-speed data processing is pushing the need ...

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-connected VR headsets held a dominant share across the global market in 2018 due to their cost-effective nat...

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 dominated the global market in 2017 on account of its feature of capturing of time-based and 3D implic...

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 enterprises have further boosted the deployment of predictive maintenance. Predictive maintenance is being a...