ReleaseWire Connect

The electric bus market is expected to surpass US$ 165 Bn by 2026, expanding at a CAGR of more than 24% during the forecast period. The market for electric buses is anticipated to expand at a significant growth rate during the forecast period, owing to rising concern of society toward the environment.

NEV taxis are new energy vehicles that are used as taxis. NEV taxis reduce air pollution, require low maintenance, and generate low running cost, as compared to other conventional petrol or diesel taxis running on the streets of urban cities and towns.

A tire pressure monitoring system is an electronic system that maintains the air pressure inside the tires on various types of vehicles. The purpose of the tire pressure monitoring system in automobiles is to inform that at least one or more tires are significantly under-inflated, which is likely to create unsafe driving conditions.

The global seismic vessels market is expected to reach a value of over US$ 2,548.84 Mn by the end of forecast period, registering a CAGR of 10.5% for the period between 2018 and 2026.

Increasing demand for vehicles and a rise in demand for lightweight components are some of the factors expected to drive significant growth in the demand for automotive wheel market.

The global automotive turbochargers market is expected to reach over US$ 22,777.0 Mn by the end of forecast period, registering a CAGR of 9.0%.

Automotive heat shield is an accessory utilized in vehicles in order to prevent any radiant heat damage to the sensitive components of the vehicle. In a vehicle, the engine produces a tremendous amount of heat. Several components placed in the engine compartment need an adequate temperature in order to achieve optimum performance.

The global market for folding gluing machines was valued at US$ 491.1 Mn in 2017. The folding gluing machines market is projected to expand at a CAGR of 4.5% during the forecast period.

Endoscopy visualization system provides magnified and high-definition endoscopic images and makes it easier for visualization and precise classification of flat and small polyp’s lesions.

The global ESD protection devices market has been divided into ceramic and silicon. The silicon segment is expected to reach value of over US$ 2,000.0 Mn by 2026. Silicon is significantly used in ESD protection devices, as the material offers high ESD protection performance.