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The U.S. battery energy storage system market size was valued at USD 336.6 million in 2019 and is expected to witness a compound annual growth rate (CAGR) of 23.9% from 2020 to 2027. The growing use of battery storage systems in industries to support equipment with critical power supply in case of an emergency including grid failure and trips is expected to drive the market. The rising need for uninterruptible power supply in data centers and telecommunications to enhance the business productivity is expected to drive the market over the forecast period. Read More »
The global micromachiningmarket size was valued at USD 2.51 billion in 2019 and is excepted expand at a compound annual growth rate (CAGR) of 7.3% from 2020 to 2027. The growth is driven by the increasing adoption of these systems for the fabrication of micro-components in industries such as automotive, healthcare, consumer electronics, healthcare, and aerospace. Read More »
U.S. Battery Energy Storage System Market Growth & Trends The U.S. battery energy storage system market siz... Read More »
Passenger Information System Market Growth & Trends The global passenger information system market size is expected to reach USD 40.7 billion by 2027, expanding at a CAGR of 9.6% over th... Read More »