Press Releases from Allied Market Research (61856 total)
Frequency Converter Market Will See Strong Expansion Through 2031
Frequency converters are electronic devices used in various applications including generation, transmission, distribution, and use of electrical energy. They can control frequency, power, and voltage and improve the efficiency of the equipment or machines such as motors, pumps, fans, and others. They offer advantages such as reduction in maintenance cost, increase in the lifetime of machines, improved processes, enable utilization of equipment imported from other countries, and others. They are…
Bifacial Solar Market Showing Impressive Growth during Forecast Period 2021 - 20 …
Bifacial solar panels are the latest technology designed with high-efficiency solar cells installed on both sides of a module to produce electricity at the same time. It can capture light as it reflects off the roof or ground surface under the panel and absorbs light from the rear and front sides, allowing diffused light to be used. Bifacial solar cells use high-watt modules and high-efficiency panels in solar panels and…
Thermal Protector Market to Expand with Significant CAGR during 2031
A thermal protector is a device, which protects the motor, compressor, and transformer of electronics from raised temperatures. It disconnects the current at preset temperatures and re-establishes the current when the temperatures return to normal. According to the International Energy Agency, worldwide energy utilization increased by 4.6% in 2021, twice the normal rate in 2018. In addition, around 40% of electricity is being used to power electric motors. This was…
Solar Simulator Market Poised to Garner Maximum Revenues during 2021 - 2031
The solar simulator also known as the sun simulator is a device capable of providing illumination nearly equal to natural sunlight. There are two different types of solar simulators such as steady-state and pulsed solar simulators. The pulsed solar simulator may be a single pulse or multi-pulse solar simulator. Steady-state solar simulators have 1,000 hours of continuous operation. While pulsed solar simulators have 40,000 to 1 million flashes. Solar simulators…
Lateral Fitness Equipment Market is Expected to See Growth Rate of 10.1% during …
Allied Market Research published a report, titled, Lateral Fitness Equipment Market generated$5.4 billionin 2020, and is expected to reach$10.7 billionby 2027, witnessing a CAGR of 10.1% from 2020 to 2027.
Rise of gym culture, penetration of international brands, and surge in awareness regarding health and fitness worldwide drive the growth of the global lateral fitness equipment market. However, availability of counterfeit products and expensive nature of equipment restrain the market growth.…
Leukapheresis Market | Global Upcoming Trends, Growth Drivers, Opportunities and …
A new business intelligence report released by Allied Market Research, the global Leukapheresis Market generated $245.7 million in 2021, and is estimated to reach $561.6 million by 2031, witnessing a CAGR of 8.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market…
Water Sports Gear Market Size is forecasted to reach $55.2 billion by the year 2 …
Allied Market Research published a report, titled, "Winter Sports Equipment Market by Product Type (Ski equipment, Footwear, Protective gear, other), by Sports (Snowboarding, Skiing, Ice hockey, Others), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global winter sports equipment market garnered revenue worth $14.69 billion in 2021, and is predicted to hit $32.83 billion by 2031, registering a CAGR of 8.5%…
Algae Products Market Size Is Likely To Reach a Valuation of Around $4.28 Billio …
Increase in global populations and surge in demand for food and customization of functional food product portfolio drive the global algae products market. The market across North America held the lion's share in 2020, accounting for more than one-third of the market. The Covid-19 pandemic had a moderate impact on the algae products market, due to disruption of supply chain, closure of manufacturing facilities, and challenges in procurement of raw…
Fox Nuts Industry Projected To Reach Approximately $87.10 Million By 2031
With growing consumer awareness about the several health benefits of fox nuts, its demand is expected to increase rapidly in coming years.
The Fox Nuts Market size was valued at $38.90 million in 2021, and is estimated to reach $87.10 million by 2031, growing at a CAGR of 8.4% from 2022 to 2031.
Fox nuts are available in two types, organic and inorganic, both of which are gluten-free and have a…
At 8.3% CAGR, Airsoft Guns Market 2021 Size, Share, Growth With Key Players VALK …
With growing consumer interest in adventure sports, and also increasing importance for leisure activities like target shooting, its demand is expected to increase rapidly in forecast period.
According to a new report published by Allied Market Research, titled, "Airsoft Guns Market," The airsoft guns market was valued at $1.89 billion in 2021, and is estimated to reach $4.13 billion by 2031, growing at a CAGR of 8.3% from 2022 to…
Astrology Market Size is to Grow at a CAGR of 5.7% from 2022 to 2031
According to a new report published by Allied Market Research, titled, "Astrology Market," The Astrology Market Size was valued at $12.8 billion in 2021, and is estimated to reach $22.8 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
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Since the beginning of time, humans have looked to the stars for guidance. Astrology has been practiced for thousands of years. While it…
Dishwasher Market Growing At a CAGR of 7.5% From 2021-2030, is Estimated to Rise …
A new report, titled, "Dishwasher Market by Product (Built-in Dishwashers, Portable Dishwashers, and Drawer Dishwashers), Application (Households and Commercial), and Distribution Channel (Multi-brand Stores, Wholesalers, Specialty Stores, Online Retails, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030". The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter's Five Forces, and competitive scenario. The global dishwasher market size was valued at US$…
Portable Dishwasher Market Growing At a CAGR of 9.9%, is Projected to Rise $9,82 …
According to a new report, titled, the Portable Dishwasher Market by Price-Range, End-Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter's Five Forces, and competitive scenario. The global portable dishwasher market size was valued at $4,594.3 million in 2020, and is projected to reach $9,829.1 million by 2030, registering…
Philippines Beauty & Personal Care Market Hits $4.7 Billion by 2026
According to the report published by Allied Market Research, the Philippines beauty & personal care market generated $3.3 billion in 2018, and is estimated to reach $4.7 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026.The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario.
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Increase in young population, influence of social media,…
Bicycle Market Size is Estimated to Rise $28,667.3 Million by 2027, Growing At a …
According to a new report, titled, "Bicycle Market by Type, Sales Channel, and End User: Global Opportunity Analysis and Industry Forecast 2021-2027". The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter's Five Forces, and competitive scenario. The global bicycle market size was valued at $20,280.0 million in 2019. Furthermore, the bicycle market growth is projected to reach $28,667.3 million by 2027,…
Spectrometry Market Expected to Reach $20.3 Billion by 2031
Spectrometry market was valued at $11.1 billion in 2021, and is estimated to reach $20.3 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031. Spectrometry is the measurement of spectra formed by materials when they interact with sample or emit electromagnetic radiation. It is the analysis of light-matter interactions as well as reactions and measurements of radiation intensity and wavelength. It is widely used in spectroscopic…
Peritoneal Dialysis Market Expected to Reach $5,074 Million,Globally, by 2025
Peritoneal Dialysis market was valued at $3,213 million in 2017, and is expected to reach $5,074 million by 2025, growing at a CAGR of 5.8% from 2018 to 2025. Peritoneal dialysis (PD) is a treatment that uses the inner lining of abdomen, called the peritoneum and a dialysis solution to purify blood when the kidneys are not functioning adequately. PD is performed manually or via automated systems. Increase in prevalence…
Personalized Travel and Experiences Market is projected to reach $447.3 billion …
According to a new report published by Allied Market Research, titled, "Personalized travel and experiences Market by Service type, Mode of booking, Age Group and Purpose: Global Opportunity Analysis and Industry Forecast, 2021-2030, The global personalized travel and experiences market is expected to reach $447.3 billion by 2030 at a CAGR of 17.8% from 2021 to 2030.
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Personalized travel…
Enotourism Market is estimated to reach $29,593.4 million by 2030, registering a …
According to a new report published by Allied Market Research, titled, "Enotourism Market by Tour Type, Traveler Type, and Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global enotourism market size was valued at $8,653.4 million in 2020, and is projected to reach $29,593.4 million by 2030, registering a CAGR of 13.6% from 2021 to 2030.
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Enotourism is becoming…
Malt Whiskey Industry Anticipated to Expand at a CAGR of 4.7% during the Forecas …
The malt whiskey market size was valued at $4.3 billion in 2021, and is estimated to reach $6.7 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
Malt whiskey is made from a fermented mash consisting primarily of malted barley. If the product is made exclusively at a single distillery, it is typically called a single malt whiskey. Although malt whiskey can be made using other malted…
Indonesia Skin Care Products Market is expected to reach $18,828.24 million by 2 …
According to a new report published by Allied Market Research, titled, "Indonesia Skin Care Products Market by Type, Age Group, Demographics and Sales Channel: Opportunity Analysis and Industry Forecast, 2018-2030,"
The Indonesia skin care products market size was valued at $9,104.48 million in 2018, and is projected reach $18,828.24 million by 2030, registering a CAGR of 7.8% from 2021 to 2030.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/7089 …
Catalogue Market to Witness Robust Expansion throughout the Forecast Period 2020 …
Rise in need to improve consumer experience & satisfaction and increase in penetration of smart phones coupled with robust internet access across the globe drive the growth of the global catalogue market.
However, increase in popularity of alternative marketing and advertising strategies hinder the market growth. Moreover, surge in use of catalogue marketing strategies in the retail & e-commerce sector is anticipated to pave the way for multiple opportunities in the…
Protein Alternatives Market Size Worth $73.9 Billion by 2031 With CAGR of 16.2%
The global "Protein Alternatives Market" size was valued at $16.6 billion in 2021, and is projected to reach $73.9 billion by 2031, growing at a CAGR of 16.2% from 2022 to 2031. Protein alternatives are substitutes for animal-based protein. Protein-rich plants like soybeans, peas, and almonds have long been used as substitutes for meat and other animal products. However, the term "protein alternative" can also refer to more contemporary developments…
Fat Replacers Market Estimated to Rise $6.4 Billion by 2031 | BENEO, Corbion NV, …
The global fat replacers market is segmented on the basis of source, type, application, and region. On the basis of source, the market is classified into plants and animals. The plants segment occupied a major share of the market in 2021, and is projected to maintain its dominance during the forecast period. Fat replacers sourced from animals are anticipated to grow at the highest CAGR in the future.
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Bot Services Market Technology, Key Manufacturers Report 2020-2030: Special Focu …
According to the report published by Allied Market Research, the global bot services market was estimated at $537 million in 2020 and is expected to hit $7.8 billion by 2030, registering a CAGR of 30.7% from 2021 to 2030.
The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
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Network Security Market | Competitive Dynamics And Opportunities in Key Applicat …
Rise in level of cybercrimes, higher economic losses, and increase in data safety and privacy concerns drive the growth of the global network security market. However, high setup costs hinder the market growth.
On the contrary, increase cyber-attacks during the Covid-19 pandemic and growth in digitalization trends across the globe are expected to open lucrative opportunities for the market players in the future.
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Virtual Data Room Market Industry Analysis, Future Trends and Forecasts 2026 | M …
Increase in need to store & transact huge volume of data during Merger & Acquisition (M&A) in a secure manner and surge in demand for venture capital drive the growth of the global virtual data room market.
However, cyber security concerns and scarcity of skilled workforce hinder the market growth. On the other hand, increase in adoption among SMEs would create new opportunities in the next few years.
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Automotive Power Window Market : by Vehicle Type, and Sales Channel, Industry Fo …
Automotive power window deals with electronic window system,which is used to operate the window to lift and lower the window with anautomated button known asthe electric switch. Automotive power window provides comfort to the driver as well as others and acts as an essential part of vehicles. Power windows are connected with electronic control unit, which also controls other automatic components of the vehicle.Therefore, ithelps to provideluxury and comfort in…
Automotive Jack Market : device commonly used for lifting, adjusting, and positi …
Automotive Jack Market Outlook - 2027
Automotive jackis a mechanical device commonly used for lifting, adjusting, and positioning of the automotive in various fields. Automotive jacks have a wide range of applications, includingseasonal tire changes, tire rotation, changing a flat tire, repair of vehicles, and maintenance &inspection of damages of vehicles.Therefore, it iswidely used in the automobile industry. In addition, vehicle users require jacks when theyface problems in terms of flat…
Automotive Dual Mass Flywheel Market : by Material, Growth and Demand Report 202 …
Automotive Dual Mass Flywheel Market Outlook - 2027
Automotive dual mass flywheel is a two component device, one of which is attached to the engine of the vehicle and other is attached to the gear box of the vehicle. Dual mass flywheel is installed between the engines andthe transmission is carried out along the clutch. This helps to accumulatethe energy and reducevibration.Moreover, the absorption of vibration in the engine depends on…
U.S. electronic cigarette Market is expected to reach $34,137.3 million by 2031, …
According to a new report published by Allied Market Research, titled, "U.S. Electronic Cigarette Market by Product Type, Flavor, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2022-2031," The U.S. Electronic Cigarette market size was valued at $6,698.9 million in 2020, and is projected to reach $34,137.3 million by 2031, growing at a CAGR of 16.1% from 2022 to 2031.
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12 Unexpected Things You Never Knew About Patient Mechanical Lift Handling Equip …
Allied Market Research recently said the global mechanical lift control equipment market was generated at USD 1.24 billion in 2020 and is projected to reach USD 2.67 billion by 2030, growing at a CAGR of 8.5% from 2021 to 2030. The report provides detailed analysis of market trends. and location, key segments, investment portfolio, value chain, geographic region and competitive landscape.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/request-sample/1909
𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 (𝗣𝗿𝗲…
Protease Market Size Generating Revenue of USD 5,762.7 million by 2030 | CAGR of …
Protease is a biocatalyst that can alter the reaction rate and produce desired results in biological reactions. Proteases are proteinaceous in nature and have gathered a special attention in recent years, owing to their wide applications. Protease can be employed in food and animal feed, textiles & detergents, pharmaceuticals and biotechnology R&D, manufacturing industries, and others (paper & pulp processing, leather processing and agriculture).
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The global protease…
Spirometer Market to 2027 : Growing incidence of respiratory diseases such as as …
The spirometer market size was $1,079.51 million in 2019 and is expected to reach $1,471.59 million by 2027, growing at a CAGR of 3.5% from 2020 to 2027. The spirometer measures ventilation and identifies obstructive and restrictive patterns, and the market is driven by factors such as lifestyle habits, technological advances, regulatory approvals, product launches, and the prevalence of respiratory diseases. COPD is the third leading cause of death, with…
Nutraceutical Ingredients Market to Grow at a CAGR of 7.3% to Reach $327.3 Billi …
The Global Nutraceutical Ingredients Market size was valued at $163.9 billion in 2021, and is projected to reach $327.3 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031. Growing customer preference for natural goods is a significant element impacting market expansion. The demand for nutraceuticals is expanding as a result of consumers' rising concerns about preventative healthcare and the effectiveness of these substances on their health.…
Protein Expression Market To Witness Record Break Growth by 2030 | GenScript Bio …
Allied Market Research Analyst have added a new research study on Title Protein Expression Market, Global Outlook and Forecast 2023-2030 with detailed information & Key Players Such as Agilent Technologies, Inc, Becton, Dickinson & Company, Bio Rad Laboratories, GenScript Biotech Corporation, LifeSensors Inc., Merck KGaA, Promega Corporation, QIAGEN N.V., Takara Holdings Inc. and Thermo Fisher Scientific Inc. The Study provides in-depth comprehensive analysis includes Clear Market definitions, classifications, manufacturing processes,…
Autoinjectors Market To Witness Huge Growth by 2030 | Ypsomed, Biogen Idec, Gerr …
Allied Market Research Analyst have added a new research study on Title Autoinjectors Market, Global Outlook and Forecast 2023-2030 with detailed information & Key Players Such as Amgen, Antares Pharma, Becton Dickinson and Company, Eli Lilly and Company, Johnson and Johnson, Mylan N.V., Novartis AG, SHL Medical, Teva Pharmaceutical Industries Ltd, and Ypsomed AG, Biogen Idec, Owen Mumford, Consort Medical, Abbvie, and Gerresheimer. The Study provides in-depth comprehensive analysis includes…
Weapon Tripods Market : increase in terrorist activities across the globe, Analy …
Weapon Tripods Market Outlook - 2027
The global weapon mount market will grow significantly in upcoming years owing to the increase in demand due to modernization plans of countries for their forces. Weapon mount is an assembly which is use to hold a weapon such as guns, snipers etc. Weapon mounts are of two types which are static mount and non-static mount. Static mount is either directly mounted on the ground…
Increasing demand for Ankylosing Spondylitis, the market is expected to see cont …
𝐓𝐡𝐞 𝐀𝐧𝐤𝐲𝐥𝐨𝐬𝐢𝐧𝐠 𝐒𝐩𝐨𝐧𝐝𝐲𝐥𝐢𝐭𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $5,140.94 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2020, 𝐚𝐧𝐝 𝐢𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $8,110.59 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2030, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 (𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞) 𝐨𝐟 4.6% 𝐟𝐫𝐨𝐦 2021 𝐭𝐨 2030. Ankylosing Spondylitis is a chronic autoimmune disease that affects the joints and bones, primarily in the spine but also other areas like hips, shoulders, and knees. Early diagnosis and treatment are important to prevent the…
Unmanned Aerial Vehicles Ignition System Market : by Component, Company Profiles …
Unmanned Aerial Vehicles Ignition System Market - 2027
The aircraft ignition system is used is for creating & supplying of electrical spark, which ignites the mixture of air & fuel in the aircraft engine's cylinder. Ignition systems are of two types: magneto-ignition systems and electronic full authority digital engine control (FADEC) systems. Modern aircrafts use dual ignition systems. Dual ignition system has increased safety. For instance, the aircraft system can be…
Fact Check: 8 Real Advantages About Photomedicine
Allied Market Research recently said Photomedicine Market by Technology (Lasers, Polychromatic Polarized Light, Full Spectrum Light, Dichroic Lamps, Light Emitting Diodes, Fluorescent Lamps), by Application (Dermatology, Pain Management, Oncology, Ophthalmology, Wound Healing, Dental Procedures, Aesthetics, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030." According to the report, the global photomedicine industry generated $4.04 billion in 2020, and is projected to reach $7.51 billion by 2030, growing at a CAGR of…
Transport Aircraft Simulation Market : aircraft are usually a multi engine airpl …
Transport Aircraft Simulation Market Outlook - 2027
Transport aircrafts are used both in commercial and military purposes. Commercial transport aircraft are usually a multi engine airplanes with more than 19 seats or having maximum take-off weight capacity of more than 19,000 lbs. Whereas military transport aircraft are used for operations such as transfer of troops, armaments, and others. An aircraft simulator is a device that recreates an artificial environment for the…
Semi-Automatic Weapons Market : by Caliber, End Use, and Industry Forecast, 2021 …
Semi-Automatic Weapons Market Outlook - 2027
Automatic weapons are a type of self-loading weapons which include semi-automatic and fully automatic firearms. An automatic firearm continuously fires rounds as long as the trigger is pressed and there is ammunition in the magazine. In contrast, a semi-automatic firearm fires one round with each individual trigger-pull. Automatic weapons such as anti-aircraft machine guns have extremely high rates of fire to maximize the probability of…
Near Space Robotics Market : device consisting of mechanical, by Application, an …
Near Space Robotics Market Outlook - 2027
Space robots are self-controlled device consisting of mechanical, electrical, and electronic components, which can function in place of a living agent. Space robots are capable of surviving harsh environment of space and can perform functions such as construction, maintenance, exploration, servicing of spatial satellites, etc. Remotely operated vehicles (ROV) and remote manipulator system (RMS) are the two major types of space robots. The space…
Aircraft Tires Market : Commercial Aviation and Military Aviation Industry Forec …
The Aircraft Tires Market generated $1.52 billion in 2020, and is projected to reach $2.85 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Aircraft Tires Market by Type (Radial and Bias), Application (Commercial Aviation and Military Aviation), and Distribution (OEM and Replacement): Global Opportunity Analysis…
Hydrogen Powered Tractor Market : Proton Exchange Membrane Fuel Cell, Phosphoric …
According to a new report published by Allied Market Research, titled, "Hydrogen Powered Tractor Market," The hydrogen powered tractor market was valued at $1.57 billion in 2025, and is estimated to reach $4.54 billion by 2035, growing at a CAGR of 12.1% from 2026 to 2035.
Asia-Pacific is expected to dominate the market in terms of revenue, followed by Europe, North America, and LAMEA. Increase in agricultural and industrial activities and…
Remote Towers Market : Hardware, Software and solutions, Services Industry Forec …
The remote towers market was valued at $318.7 million in 2021, and is estimated to reach $1,033.3 million by 2031, growing at a CAGR of 11.7% from 2022 to 2031.
The Asia-Pacific region is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. China dominated the remote tower market in 2021, whereas India is expected to grow at a significant rate during the forecast period. Significant…
Automotive HMI Market : Visual Interface, Acoustic, Mechanical Industry Forecast …
Automotive HMI Market size was valued at $14,807.5 million in 2017, and is projected to reach $33,590 million by 2025, registering a CAGR of 11.1% from 2018 to 2025. The central display segment was the highest contributor to the global market, with $6,527.1 million in 2017, and is estimated to reach 33,589.8 million by 2025, at a CAGR of 11.1% during the forecast period.
At present, Asia-Pacific dominates the market, followed…
Land Mobile Radio System Market Growth to Display CAGR of 17.1%
The global land mobile radio system market is estimated to reach $43,707 million by 2022, registering a CAGR of 17.1% from 2016 to 2022. In 2015, the portable land mobile radio system dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.
The global land mobile radio system market is driven by factors such as…
Automated Parking Management Systems Market : Non-Palleted Platform Type To Grow …
The automated parking management systems market generated $1.4 billion in 2021, and is projected to reach $5.7 billion by 2031, growing at a CAGR of 15.1% from 2022 to 2031.
Automated parking management systems comprises hardware and software components that assist in effective management of vehicle parking. It utilizes a mechanical system to transport vehicles to and from parking spaces in a multi-story parking area. Vehicles are stored in multiple parking…
