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Showing posts from July, 2022

U.S. Electric Vehicle Charging Infrastructure Market To Rise, Based On Development Of Technologies Like Portable Charging Stations

  U.S. Electric Vehicle Charging Infrastructure Industry Overview   The  U.S. electric vehicle charging infrastructure market  size is expected to reach USD 49.14 billion by 2030, growing at a CAGR of 36.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the growing environmental concerns and rising demand for sustainable and energy-efficient transportation. Additionally, the increasing advancement in the communication technologies, such as the availability of real-time information on all the electric vehicle charging stations for better connectivity, will help to propel the market growth.   U.S. Electric Vehicle Charging Infrastructure Market Segmentation Grand View Research has segmented the U.S. electric vehicle charging infrastructure market report based on charger type, connector, and application:   Based on the Charger Type Insights, the market is segmented into slow and fast The fast charger segment led the market

Armored Vehicle Market To Predict Global Expansion As Of Rising Awareness About Commercial Security

    Armored Vehicle Industry Overview   The global armored vehicle market size was valued at USD 16.68 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030.   The rising focus on protecting soldiers from external and internal threats is expected to propel market growth. The rising awareness about commercial security is expected to drive the demand for personnel armored vehicles. In January 2022, Oshkosh Defense, LLC; military vehicles, mobility systems, and technology solutions designing company; launched its first hybrid-electric Joint Light Tactical Vehicle (JLTV).    The electric JLTV, launched by Oshkosh Defense, LLC, helped in protecting soldiers from physical threats, increased fuel efficiency, and offered a battery capacity of 30kWh. Multilateral collaboration between countries such as North Atlantic Treaty Organization (NATO) and the African Union (AU) to counter terrorism and maintain peace is expected to favor the market

Smart Transportation Market Is Driven By Increasing Innovative City Projects And Government Programs Toward Reducing The Effects Of Greenhouse Gases

    Smart Transportation Industry Overview   The global smart transportation market size was valued at USD 101.26 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2022 to 2030.   The market growth is driven by increasing innovative city projects, government programs toward reducing the effects of greenhouse gases, and the need for technology in traffic management systems. Lack of safe public transportation, poor management of public transportation, increased road safety concerns, and poor traffic management are some of the factors significantly driving the demand for smart transportation.    Smart transportation is a cutting-edge technological application that provides various transportation and traffic management services. It has become an integral part of everyday life due to increased accidents and traffic in different countries. Smart transportation systems make it easier to use more informed, safer, coordinated, and smart transportati

Cold Chain Market Is Estimated To Rise, As Of Automation Of Refrigerated Warehouses Across The Globe, 2028

  Cold Chain Industry Overview The global cold chain market size was valued at USD 210.49 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 14.8% from 2021 to 2028. The growing penetration of connected devices and automation of refrigerated warehouses across the globe is anticipated to spur the industry growth over the forecast period. An increasing number of organized retail stores in emerging economies are leading to increased demand for cold chain solutions. Moreover, trade liberalization, government efforts to reduce food waste, and expansion of retail chains by multinational companies are expected to boost industry growth over the forecast period. The World Trade Organization (WTO) and bilateral free trade agreements, such as the European Union Free Trade Agreement (FTA) and the North America Free Trade Agreement (NAFTA), have created opportunities for exporters in the U.S. and Europe to increase trade of perishable foods in a manner that is free o

Electric Vehicle Charging Infrastructure Market Is Rising Up Due To Triggered The Necessity Of Adopting Electric Vehicles

    Electric Vehicle Charging Infrastructure Industry Overview   The global electric vehicle charging infrastructure market size was valued at USD 19.26 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 30.6% from 2022 to 2030.   The rising levels of carbon emissions and other harmful gases stemming from transportation have triggered the necessity of adopting electric vehicles. Hence, the demand for an Electric Vehicle (EV) charging infrastructure in commercial and residential applications is on the rise. Moreover, increasing partnerships among car manufacturers for charging facilities by providing a subscription model is further expected to drive the market growth.   The technological progress of both electric vehicle charging software and hardware is expected to change the way EV owners use and benefit from electric vehicle charging applications. Technologies such as Smartcar API and charging networks precisely determine an electric vehicle’s charge