Supervisory control and data acquisition (SCADA) market is expected to grow at a CAGR of 14.7% from 2021 to 2028 to reach $57.2 billion by 2028 from an estimated $21.9 billion in 2021 The increasing demand for automated industrial control solutions and growing investment for installing automated and connected processes & control systems to gain […]Read More..
The Electric Car Market is expected to reach a value of $1.9 trillion by 2028, at a CAGR of 37.1% during the forecast period 2021-2028. In terms of volume, this market is expected to grow at a CAGR of 36.2% from 2021 to reach 69.3 million units by 2028. Electric cars use one or two […]Read More..
3D printing technology has been evolving faster than other manufacturing technologies as it can influence manufacturing processes and help businesses perform to a higher level. Further, 3D printing manufacturing line is easier to alter than the production line for traditional manufacturing. This makes it preferable for the bulk equipment manufacturing processes. Due to this advantage, […]Read More..
Growth of the global automotive TIC market is mainly attributed to growing automobile production in emerging countries, strict regulatory standards, and increasing cases of vehicle recalls due to component failure. Furthermore, growing adoption of electric vehicles, increasing awareness among consumers regarding product quality and safety, and incorporation of technological advancements with rising adoption of connected […]Read More..