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North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Accord...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. Its growing popularity as a means to meet country-specific clean energy targets along with strong regulatory support are driving industry growth globally. Corporate interest in procuring wind power to meet renewable energy goals as well as falling wind turb...

Most technologies used in the automotive solutions market are well established and some are near the maturity phase of their life cycle. Newer solutions include lidar, laser NIR, FIR, and radar, and these are in the growth stage. They are gradually penetrating into applications based on the advantages they offer. Speed, position, and pressure sens...

05 May 2020  |  Global  |  Market Research

Growth Opportunities in Distributed Energy, Forecast to 2030

Nearly $1 Trillion is Expected to be Invested Over the Course of the Decade as the Power Sector Continues to Transition to a More Decarbonised and Flexible System

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Global concerns about climate change have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. The efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in attempt to mitigate global warming. More recently, at...

In a robot-based machine vision solution, a camera takes an image of an object, analyzes it, and sends accurate coordinates to a robot that then moves its arm in a specified position. Thus, a robot-based machine vision solution has two major aspects: robotic system and machine vision system. The machine vision system includes lighting, lenses, imag...

Novel characteristics of next-generation surgical robots have helped in addressing the limitations of traditional robotic systems, enabling their increased adoption in operating rooms. These platforms offer features such as enhanced ergonomic design and visualization, while maintaining the advantages of minimally invasive surgery. Incorporation of ...

While advanced air mobility (AAM) as a concept has been widely discussed throughout the modern aviation age, it was only in the past decade that a definite boom was apparent in the development of actual aircraft. This was in line with the technological advancements seen (or proposed) with respect to power systems, battery efficiency, energy storage...

The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...