Boosting the launch of smart factories will escalate US smart manufacturing market
Published: Mar 2021
US smart manufacturing market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). The smart manufacturing market in US is expected to grow at a considerable growth during the forecast period.
Funding from government will escalate UK smart manufacturing market
Published: Mar 2021
UK smart manufacturing market is projected to grow at a significant CAGR of around 14.8% during the forecast period (2020-2026). The market for smart manufacturing in UK is projected to grow at a high rate during the forecast period,
Government Support for the advanced technologies in manufacturing will escalate North America smart manufacturing market
Published: Mar 2021
North America smart manufacturing market is projected to grow at a significant CAGR of around 9.5% during the forecast period (2020-2026). The market for smart manufacturing in North America is projected to grow at a high rate during the forecast period.
Government driven projects/events for manufacturing sector will escalate European smart manufacturing market
Published: Mar 2021
European smart manufacturing market is projected to grow at a significant CAGR of around 11.1% during the forecast period (2020-2026). The market for smart manufacturing in European is projected to grow at a high rate during the forecast period, backed by the rising focus of the government towards one of the largest contributing sectors of the GDP, the manufacturing sector.
Rapid growth in the manufacturing industry will escalate Asia-Pacific smart manufacturing market
Published: Mar 2021
Asia-Pacific smart manufacturing market is projected to grow at a significant CAGR of around 12.1% during the forecast period (2020-2026). The market for smart manufacturing in Asia-Pacific is projected to grow at a high rate during the forecast period, backed by the rising industrialization and manufacturing sector across the emerging nations of the region, such as India and China.
Rising Popularity of BEV such as Tesla Model to Drive the US Battery Electric Vehicle Market
Published: Mar 2021
The US battery electric vehicle market is projected to grow at a CAGR of more than 18.0% during the forecast period (2019-2025). The rising popularity of BEV, new EV model launches, and developing charging infrastructure are the key factors propelling the growth of the market. Tesla’s battery electric vehicle sales in the US are contributing around 40-50% in the total EV sales.
Rising Demand for Battery Electric Vehicle due to Government Policies to Drive the UK Battery Electric Vehicle Market
Published: Mar 2021
The UK battery electric vehicle market is projected to grow at a significant CAGR of more than 22.0% during the forecast period (2019-2025). The government policies and rising demand for electric vehicles are the key factors propelling the growth of the market.
Incentives Available for Purchase of EVs to Achieve Zero Emission Target Drives the Spain Electric Bus Market
Published: Mar 2021
Spain electric bus market is projected to grow at a considerable CAGR during the forecast period (2019-2025). The increasing awareness to reduce greenhouse gases and government incentives availability is the key factors to drive the growth of the market. The Spanish Government is aiming to reduce greenhouse gases emission by 2030.
Increasing Adoption of Electric Vehicles to Create Demand for Charging Stations and Drive the South Africa Electric Vehicle Charger Market
Published: Mar 2021
South Africa electric vehicle charger market is projected to grow at CAGR of more than 10.0% during the forecast period (2019-2025). The key factors that are propelling the growth of the market include the rising environmental concern coupled with the increasing adoption of electric vehicles due to the availability of charging stations in the region.
Adoption of Electric Vehicles Due to Incentives Available Driving the Norway Electric Vehicle Market
Published: Mar 2021
Norway electric vehicle market is projected to grow at CAGR of more than 18.0% during the forecast period (2019-2025). Adoption of electric vehicles due to strong incentives availability is propelling the growth of the market. In 2021, Norway EV Association announced that electric vehicle sold in Norway was over 100,000 in 2020.