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Sector Analysis
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Automotive Autonomous Driving Systems Market Trends, Sector Overview and Forecast to 2028
The size of the global autonomous driving systems market was 212.5 mn units in 2023, recording a substantial annual growth of 15.2%. During 2018–23, the sector posted a CAGR of 5.1%. Over the forecast period, the sector is expected to record a CAGR of 5.2% to reach 274.2 mn units by 2028. In 2023 adaptive cruise control (ACC) garnered a share of 14.0%, radar -–long range garnered a share of 16.3%, radar-short/medium garnered a share of 27.7%, and GPS/GNSS unit...
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Analyst Opinions
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Development of Electric Mining Vehicles in Surface and Underground Mining, 2024
As miners strive to reduce greenhouse gas emissions, many are beginning to invest in battery-powered and electric-powered mining fleets as they embark on the long-term goal of diesel displacement. 'The pace of switching to electric mining vehicles is increasing. Underground over 320 LHDs and mining trucks were running on electric power by March 2024, while for surface mines the use of electric-powered mining trucks has been picking up with almost 240 trolley-assist trucks and 129 battery-powered surface trucks.
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Sector Analysis
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Automotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
Automotive Electric Motors Market Report Overview The automotive electric motors market size was 958.3 million units in 2023. The market will grow at a CAGR of more than 15% during 2023-2028. The anticipated surge in electric vehicles in the future will lead to a corresponding increase in demand for electric motors. In 2023, Asia-Pacific accounted for a significant share of the electric motors market. Automotive Electric Motors Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on...
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Company Insights
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Huawei Pay – Competitor Profile
Huawei Pay was launched in 2016 via a collaboration between payment scheme China UnionPay and smartphone brand Huawei, with the aim of competing in China’s exponentially expanding mobile payments market. Huawei Pay offers a ranges of payment services, including in-app and in-store payments. It offers both NFC payment as well as QR code payments for in-store purchases. To ensure privacy and security for payments, Huawei Pay utilizes tokenization and biometric authentication such as fingerprint recognition. Challenging the dominance of established...
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Sector Analysis
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New Drug Approvals and Their Contract Manufacture – 2024 Edition
This report is the 14th edition of our long-running analysis of the CMO industry, using the FDA's NDA approvals as the primary indicator of performance. New Drug Approvals and Their Contract Manufacture (formerly called "CMO Scorecard") is critical for benchmarking the performance of the contract manufacturing organization (CMO) industry and the relative performance of major CMOs. This year's edition includes a discussion of how inflation and increasing global conflict has impacted pharma manufacturers.
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Company Insights
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M-PESA – Competitor Profile
M-PESA is a mobile-based fund transfer and micro-level banking service available to customers of Safaricom, Kenya’s largest mobile network. Introduced in 2007, the service has become a primary channel for fund transfers in the country. Originally developed as a low-cost microfinance loan repayment system, it was extended as an open platform to remit funds and make consumer payments due to its rising popularity. This was largely a result of factors such as the high cost of remitting funds through banks,...
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Thematic Analysis
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Augmented Reality (AR) in Travel and Tourism – Thematic Intelligence
Augmented Reality (AR) in Travel and Tourism Thematic Report Overview Augmented reality (AR) is a technology that allows the user to see the real world overlaid with digital data. As AR develops, it will help tourists have a better travel experience. It can perform various functions that reduce stress for travelers and enable a more informative journey. Translating signage, wayfinding, and checking luggage size are a few of the ways through which AR can improve the traveling experience. The ‘augmented reality...
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Sector Analysis
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Hydrogen Transition Market Outlook and Trends, Deals, Contracts, Policies, Projects and Key Players, Q2 2024
The global total active and pipeline capacity of low-carbon hydrogen currently stands at over 204mpta, with 15 new hydrogen projects announced in Q1 2024 adding over 350ktpa of capacity. To date, the total active and pipeline capacity of low carbon hydrogen reaches just under 204mtpa, of which 92% and 8% comes from green and blue plants, respectively, and just 0.08% from purple and turquoise combined. Over 171 mtpa comes from feasibility stage projects (those that are announced or in feasibility...
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Analyst Opinions
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Oil and Gas Sector Strategies in Electric Vehicles
Major oil and gas companies expand their investments to EV charging stations to meet the demand due to the growing EV market and diversify their assets to remain profitable long-term. As the world races to meet net zero targets, both public and private sectors are having to find alternative solutions and invest in innovative technologies. The high impact the transportation sector has on the environment has led to a hunt for alternative fuel solutions in order to mitigate the volume...
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Sector Analysis
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Automotive Electrified Vehicles Market Trends, Sector Overview and Forecast to 2028
The global electrified vehicles market is valued at 26.8 mn units in 2023, recording a substantial annual growth of 35.8%. Furthermore, the sector posted a CAGR of 41.1% during 2018–23. Over the forecast period of 2023-28, the sector is expected to record a CAGR of 15.0% to reach 53.9 mn units by 2028. This report brings together multiple data sources to provide a comprehensive overview of the global Electrified Vehicles sector. It includes analysis on the following - Trends &...
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