PRESS RELEASE

Global Gas Insulated Switchgear Market Set to Witness Promising Growth: Likely to Grow at a CAGR of 7.7% by 2027

An increase in the investments toward the electric transmission system projects, the growing adoption rate of electric vehicles, and upcoming smart city projects like Neom are fueling the growth of the global gas insulated switchgear market. Additionally, the rising demand for electricity across the developing regions is also propelling the demand for power maintenance systems like gas insulated switchgear, demonstrating strong potential for the growth of the global gas insulated switchgear market in the coming years…

Thailand Slack Wax Market Poised for Steady Growth: Growing at a CAGR of 4.4% by 2027

Thailand slack wax market is booming, driven by a rapid shift in demand for male cosmetics. As a result, this is driving investments in the cosmetic segment, directly affecting its growth. Additionally, the rising number of tourist arrivals to the country has fueled the demand for lucrative candles amid the festival seasons, providing higher growth potential for the Thailand slack wax market in the forecast years…

Global Virtual Power Plant Market Retains Robust Growth: Projected to Grow at a CAGR of 25.7% by 2027

The increasing adoption of the IoT technology, and renewable energy in the power generation sector has enabled enormous opportunities for the growth of the global virtual power plant market. In addition this, the rising demand for electric vehicles are bolstering the future prospects for the demand for the virtual power plants, which is projected to solidify the growth of the global market in the coming years….

Saudi Arabia Tire Market Anticipating Strong Growth Prospects: Likely to Grow at a CAGR of 7.4% by 2027

Saudi Arabia tire market is blossoming as the country has been witnessing rapid growth in the investments earmarked for automobile manufacturing, directly impacting the growth of the market. In addition to this, the rising number of electric vehicles is driving the demand for EVs and passenger vehicles in Saudi Arabia, offering higher prospects for the market in the coming years…

Global Circuit Breaker Market expected to demonstrate rapid growth: Projected to Grow at a CAGR of 4.9% by 2027

An increase in the adoption of cleaner energy has driven numerous investments to the renewable energy sector, and the growing construction projects across the world have brought a lot of opportunities at the table for the growth of the global circuit breaker market. In addition this, the rising electrification rates across the world are also contributing to the demand for the circuit breakers, which is projected to solidify the growth of the global circuit breaker market in the coming years

Global Plant Growth Regulators Market Reaching a New Pinnacle—Projected to Reach worth USD 11.2 Billion in 2027

The growth of the global plant growth regulators market can be attributed to the rising demand for organic food worldwide, resulting in the growth of the organic food business. Furthermore, an increase in the textile sector, such as an increase in cotton production and a surge in the practice of organic farming, is predicted to drive market growth during the forecast period…